CF is a little unknown (accurately) at the minute however we suspect their cash position is now higher than reported last qtr due to Tin concentrate sales that we believe has been occurring and has been advised to be reported in the forthcoming march quarter update
In fact, from a recent conversation I had with Peter Williams, the sales of Tin concentrate from Granville production should fund Granville concentrate expansion as well as the cap-ex required for Toronga when the NSW gov't give it the green light for that mine any coming week now...
The current MC is pretty reasonable all things considered.
ANW Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
