share issue pending, page-9

Thanks Miningnut.

If a (possible) 2 for 5 issue - at say about 50 cents - went ahead would need institution willing to take up all issue not taken up.

Would possibly have an option attachment to make offer really attractive.

Let us imagine ---
Perhaps a one for two attached option to purchase Anvil share at 80cents - $1.00 by 2008.

Latest announcement viewed as a plus by market.

In the mean time still believe institutions are valuing shares on actual profit basis.

Meaning once Dik and tailing mine are going much higher share price is likely.

Should the issue take place would be a new ball game.

Perhaps the second hand plant option - to process a limited amount of concentrates with remainding concentrates to be transported and processed as for present set up would be a practical way of managing growth of the company in the manner we are used to????

Cheers,

NT