re: a break through? yes Miningnut,
i am impressed to see what a differance two weeks can make....
Just compare the new presentation with the TSX presentation from 15.9.
Salient points
1) Statement Anvil wants to go with 2 (not 1) "starter" DRC Copperbelt projects
2) Proposed Stage 3 Dik mining operation 2006 (instead of 2008)
since the mining plan with new drilling analysis is being completed by end of Sept i guess the positive outcome seems to be pretty clear
3) Increase resource base by 4x by year end (instead of 2-3x), this is massive AND additional significant resource potential explicitly mentioned...
4) Objective to produce with starter projects 25000 to cu concentrate (instead of 1x 15-20k) within 18 months
5) Objective further expansion 2x25000 = 50k to cu cathode (and cobolt) within 2-3 years (instead of 1x20k within 3-4 years)
6) Objective further expansion 2x40000 = 80k to cu cathode (and cobolt) within 4-5 years (instead of 1x40-50k within 5 years)
Indication medterm they want to expand internationally so more to come...
The growth path points to profits well in excess of 100 mln S US within 4-5 years (only out of Dik. and the two "starter" projects)...
I do believe those inspired by TA to kick in some profits below supposed to be strong resistence around 60c will soon kick thereselves in there asses...because
we will break thru and Anvil is poised to fly.....i.e. to approach a more appropiate valuation.
Also noticed presentation was titled October, so i do believe Bill will make some promoting soon.
May be Anvil should add in their presentation that they are an unhedged producer,like some mentioned it, northamerican Investors like this (me too)
and i like to see Anvil to do what they can do best i.e. explore and produce and not speculate i.e. feed those greedy bancs.
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re: a break through? yes Miningnut,i am impressed to see what a...
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