they ann'd it a while back... its already out and recieved an amazing response....not
Results of strategic review on the Granville Tin Mine include:
i. Operation to be placed on temporary care & maintenance until suitable mine fleet is available and additional equipment is installed at the plant; and
ii. Pre‐concentration prior to the mill provides near‐term opportunity to expand production above the existing target; and
iii. Exploration to extend the current mineral inventory and mine life will be accelerated.
The resumption of operations, possible expansion and exploration will be contingent on appropriate funding being secured, which the Company is currently pursuing.
Basically, they need money to do anything, so i expect the next ann will be the DGR loan or a much worse ann that may indicate the coffers are as dry as taronga's water supply.
ANW Price at posting:
0.2¢ Sentiment: Sell Disclosure: Not Held
