A take-over? Probably would be a capital gains nightmare!
The strength of Anvil is largely built on the expertise of Anvil management. And their relationship with Congo authorities.
A take-over would probably lose this expertise and not be such a likely prospect. Unless present management was offered a deal they could not refuse.
Then again Company management own a bulk of the shares. They know what the shares are really worth and would not remit at at any small sum.
Also management have a desire to make Anvil a middle range mining company. Achieving such an outcome provides satisfaction that just money can't replace.
Not only would a takeover have to swallow up shares owned by management --- think of the difficulty any such would be takeover merchants would have of convincing the really big share holders -- especially Miningnut and Stone Pony! ("Teee -- heee - haa - haa")
All's well!
Good things to come!
Patience is the key!
Cheers,
NT
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