Yep..I still don't buy the argument that management are happy seeing the sp lower...i don't think they're as concerned as some retail holders with the sp situation with their mind on the end goal of 30 years of Taronga production...limiting dilution to them where there heading seems more inconsequential then to a retail holder with 6 months on the horizon....not saying it doesn't matter to them by any means, more part and parcel then short term holders can comprehend.
Nonetheless they have two immediate issues...
They are running out of money and needs funds...
LIND will want as lower conversion as possible...
The simple answer is start producing consistently from Granville as indicated for this half.
But its what you do with that money that will be the game changer....the market needs feel that the Granville is going to create value....and for that the Tin price needs to improve
ANW Price at posting:
0.9¢ Sentiment: Buy Disclosure: Not Held
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