The staggered growth approach as espoused by Stone Pony makes sense to us!
Surely?
Will make sense to Bill Turner!
Surely?
Personally do not believe Bill is planning any radical departure from past approaches.
Which means patient-organic growth.
With perhaps some increase in shares.
By alocation or by rights issue.
When present exploritory results confirm resources much greater than present two being accessed.
And a due dilligence has been carried out with regards to a new, large, long life, mining operation.
Takes time.
Dik. and Kulum. will be producing strongly by then.
Share price will be much higher.
Bill will have a strong financial basis to enable fund aquisition for expansion when the share price is much higher.
And Kulumaziba and Dikulushi are running at full capacity.
Some time soon - perhaps by mid July? - we should see waves of upward revaluation of Anvil closer to 80 cents per share.
Institutions insist on "Show me the money first" before they will bid Anvil shares higher.
Meaning institutions need to see actual profit increase from Dikulushi before they buy/recommend buying of Anvil shares at higher prices - or at lower prices in anticipation of higher prices.
Never the less expect an additional Anvil share price premium to be added when institutions can varify that new plant/mine at Kulumaziba is a fete comli.
Worry about dilution and/or hiving off Dikulushi as an ipo is a waste of time and effort at the moment.
That's how I see it anyhow!
Cheers,
NT
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Last
4.7¢ |
Change
0.001(2.17%) |
Mkt cap ! $12.45M |
Open | High | Low | Value | Volume |
4.7¢ | 4.8¢ | 4.7¢ | $72.12K | 1.532M |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 505414 | 4.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.8¢ | 130000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 505414 | 0.047 |
2 | 750000 | 0.046 |
2 | 507755 | 0.045 |
2 | 750000 | 0.044 |
2 | 130000 | 0.043 |
Price($) | Vol. | No. |
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0.048 | 130000 | 1 |
0.049 | 510234 | 2 |
0.050 | 655000 | 3 |
0.051 | 141540 | 2 |
0.053 | 200000 | 1 |
Last trade - 15.49pm 24/06/2025 (20 minute delay) ? |
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