Believe Anvil is in the process of "raising funds" in Canada.
If so the logical conclusion is funding of Geca-mine/s is on the way.
It may wll be that Congo Government requires a large "dolop" of finance to conclude the deal.
Or Anvil management is anticipating the deal and preparing to fund takeover/s with the least pain (dilution) to shareholders.
Wasn't it Flats that suggested management would be best served by waiting for the increased profits after Stage 2 commissioning in order to set things up for the Geca- mine/s aquisition?
Whatever!
We are all sure that Gecamine agreement will happen "soon".
And that will be a very significant growth spurt for Anvil.
And shares will react accordingly.
As indicated before am expecting re-rating of Anvil with Gecamine agreement to lead to strong surge in share price.
Perhaps still below Hotcopper pple's expectations due to markets propensity to wait for actual profits before investing to higher levels.
Still should be good!
Timing and patience!
Cheers
NT
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Last
2.9¢ |
Change
0.003(11.5%) |
Mkt cap ! $3.927M |
Open | High | Low | Value | Volume |
2.5¢ | 2.9¢ | 2.4¢ | $36.69K | 1.440M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25692 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 51842 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25692 | 0.027 |
2 | 349950 | 0.026 |
2 | 149920 | 0.025 |
2 | 241666 | 0.024 |
1 | 500000 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 51842 | 1 |
0.030 | 102637 | 2 |
0.032 | 65069 | 1 |
0.034 | 240000 | 1 |
0.037 | 10500 | 1 |
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