BT is as always conservative.Predictions are not his bent.His...

BT is as always conservative.
Predictions are not his bent.
His releases are based on achievements - or problems - and retrospective.

The fact that Rand has provided the finances is interesting.
May be wrong but thought the on going profits would be sufficient to cover costs of machinery.
Expenditure is basically nuetralised be savings - not paying contractor.

However the usual Anvil efficiency and cost management will be in effect.
Note the reconditioning of some equipment rather than purchasing all new.

Which leads me to the suggestion that Bill is conserving and building a potential "treasure chest".
Which might make a Gecamine project more readily taken on with the minimum of financil constraints.
Restraints which might lead to dilution of shares if managed by lesser mortals than BT.

Looking forward to the announcementS previously flagged by Miningnut - due this month.
To take shares to higher levels - I hope!

Still comfortable in predicting that early 05 will see the patient more than amply rewarded.

Hopefully some "crumbs" along the way though.

Cheers,

NT