ANS austsino resources group limited

@Bogo Yes sir that is the *9.5 Billion questions. IMO yes they...

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    @Bogo Yes sir that is the *9.5 Billion questions. IMO yes they can and will secure the funds. Drawing up these binding agreements take more time than expected. Also getting funds out of China can be difficult and takes time also. Having SOE's will help that process tho.

    Looking at the Marco conditions, it's nice being off market at the moment. IMO ANS SP would be bleeding atm if listed. So (and it is a big so) Ding could be waiting for the Marco conditions to improve. Inflations was released today and was higher than expected (8.6%). The fed continue with quantitative tightening, interstate rates continue to rise and we are recording negative growth Q/Q. All the major indexes getting destroyed and are testing their 200D SMA (confirming a bear market and hopefully the bottom IMO).

    So now would not be a good time to IPO IMO. Waiting 6 months might be the right approach. The FED will pivot as the midterm election is coming up in November (as well as a multitude of other factors)...

    To summarise, IMO all is good with ANS. We know they are also slow with releasing information but this deal is a no brainer for China and its need for IO.

    An ANN would be great just to ease the nerves tho.
 
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