They wrecked the company before these events. One of their main excuses during getting Granville up and running (building the tailings dam) was too much rain in fact.
Lack of management over this backyard project cost them too much money (besides their wages) and time so that they missed every opportunity to bring the product to the market. Then they entered into a poorly arranged deal with Lind (intention?) which only sped up the coy being flushed down the drain. Last time I topped up was when they signed an agreement with Granville wind farm to supply them with crushed rock, a waste material from Granville tin mine, which would have covered half year of ANW total expenses. The management even failed that.
The bottom line is, they do have interesting assets, but the management and DGR aren't trustworthy. I still after the years wonder if they are rather dilettantes or criminals. Perhaps both.
ANW Price at posting:
0.1¢ Sentiment: None Disclosure: Not Held
