re: copper to test highs again ..$1.48 The announcement explains my feelings yesterday morning that some people were keen to buy Anvil shares and that strength had been developing in share price previous two days trading.
The good news is tumbling down like an avalanche now!
As always market prefers blue sky speculation or actual profits.
Solid developments and predictable future does not seem to be part of the market culture.
Whatever!
The bottom line with this company is patience.
A buy and hold!
Developments will take time now.
Market will probably flick into action as each milestone of new mine production clicks in.
To be under priced along the way.
The ---- "closer to 90 cents early 05" --- prediction assumed full production at Dikulushi preceding months.
The overburden setback has meant that the closer to 90 cents early 05 prediction has been delayed a few months.
Closer to 90 cents by early second half of 05 is the prediction now!
And yes a POSSIBLE spike towards $1.20 is still a position. (Remember your guess is as good as mine).
The bottom line at the moment is for Euroz - Wilsons - et al. to re-rate Anvil to include the value of new acquisitions and expected outcomes.
I would like to see that!!!!
Cheers,
NT
re: copper to test highs again ..$1.48 The announcement explains...
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