re: for yttrium,, email from austmag general manag
It was no mistake that the original owners were given free 05 options ex priced @ $1.25 when new funds were raised for Stanwell in 2001.
The ANMNA holders were to contrib 75-80c and with the prospectus production numbers (& with Ford in the basket) would justify a $1+ share price in 04/05/06. Things aren't going quite to plan,, but maybe not all that bad-- all be it 6mnths behind. A capital raising of possibly 1+:1 is on the cards and even if production was 60% of the prospectus the shares would have to trade at least around 30c by the end of next year(dilution& discount)which is 4x the current 7.5c cost to ANMNA buyers,,, there's a lot of upside if this one continues.
ANM Price at posting:
0.0¢ Sentiment: None Disclosure: Held
