Pros:
- First sales @ current tin pricing, which is very high (check LME) should be announced within the next couple of weeks.
- Other projects, which include Cobalt (highly sought after)
- Approvals on the right track for Taronga
- Backed by DGR, which has just received $10m from one of the top hedge funds in the world to help develop its holdings
- Seems to be minimal BSing in terms of overhyping things from management
- Other articles about the potential for growth in demand of tin related to electronics, etc.
- We all see the thing as very undervalued based on its current outlook (above). Similar companies reflecting higher MC with less going for them.
Cons:
- Missed deadlines on the past two Q's for tin sales, which should come this Q
- Convertible notes for financing
- Not the greatest at new-age exposure for the company (ie the internet/mining articles)
- It's a penny stock and could go belly up
- Dilution of SP from the convertible notes
- Rain in Tasmania
- Possible hidden stockpiles of Tin
Better off to get feedback from some of the others that have a more thorough understanding of the company/market, but that's a flavour of it. Take a gander through some of the liked posts and you'll see some the MC maths. Also take a look at other peeps who have a less bullish outlook.
GL
ANW Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
