re: xmas approaching... Time to wake up? Have been away for a...

re: xmas approaching... Time to wake up?
Have been away for a couple of days and pleased to see Anvil developments being consumated and flagged - at last.

Credit too to Miningnut for signalling the latest developments.

The aquired interests are too broad and too complicated for one such as I to evaluate.
Will only be as good as the most significant commercial deposit.
The odds however are very positive for shareholders.
Enormous potential? - but one should not get too carried away with this.
Short term anyhow!

The whole deal is of the nature that we have come to appreciate from Bill Turner.
Financially circumspect, financially conservative, well thought out and carefully-consistantly fought for at the negotiation stage no doubt.

A key statement??? ---

"The project also lends itself to a staged development that could generate cash flow quickly from the Kulumaziba deposit with a modest initial capital investment."

Growth feeds on growth.
Money breeds money.

Anvil continues forward momentum.
Steadily - sensibly - soundly!

One wave of progress is the breeding ground for more.

The patient holders have been rewarded.
And the patient will continue to benefit.

Remember markets are in a phase of waiting for profits before re-evaluating share price.
As great as expectations are for Anvil - as strong as future developments might be - do not expect the share price to move to these tunes.
Either market has to be - "Shown the money".
Or Wilsons (et al) need to present an upwards revaluation to the potential buyers of Anvil shares.

80 cents share price towards the end of January or early February 2005?
Have no reason to change my expectations.
Based on expected increase in profits announcement due in last quarter production/profit reports and indications of a continuing trend of increasing profits.
Combined with corporate developments extending from yeaterdays announcements.

A spike to $1.20?? Not looking a strong possibility perhaps. Not that such a spike can be ruled out.

Cheers,

NT