Always a pleasure to read your informative posts. I believe you have outlined the situation clearly and succinctly.
The 200 million (plus?) loan is critical.
Anvil appears to be in a position where the company can remain liquid for an extended period with (hopefully) income equal to outgoings. Given some sort of recovery in demand and marginal increase in copper price perhaps Anvil can continue to maintain operating well into the future.
I believe a loan to enable completion of SXEW is close to certain. What is not certain is the time frame.
Did post that if the loan was raised in second quarter - as was indicated as an objective in an Anvil information release - would be one of Bill's greatest achievements.
Am now suggesting if the loan is obtained in Q3 this year will be one of Bill's greatest achievements!!! Expecting some more delays and "hiccups". Hoping I am wrong!
AVM Price at posting:
$1.21 Sentiment: Hold Disclosure: Held
