Where to?
Looking to the past first the three most significant events in the progress of Anvil as a company might be -
1. Commencement of mining at Dikulushi.
2. Commencement of mining at Kulu.
3. The present raising of funds.
Anvil is perhaps being ripped off by the cost of smelting.
Added to the headache and cost of transport.
One can understand Bill's keenness to commence operating SXEW plants.
Very cost effective and will pay for itself within a reasonably short time I would imagine.
The fundraising appears to have elevated Anvil's standing as a company and in market perception.
As to the future?
Obviously Bill T is not in a position to reveal all.
Such aspects as exploration results and possible negotiations of potentially very positive nature with Gecamines are market sensitive and information can only be released to the market when all the details have been properly finalised.
While there is a perception with some that Bill may have been able to raise the required funds by loan negotiations history suggests that may not be so easy. Remember the cost to Anvil of the Rand Bank loan?
However now that Anvil's substance and size is in place future borrowing on top of present liquidity could be more readily obtained.
Contributors including Miningnut, Stone Pony, Flats, et al have often pointed out Anvil's potential.
Exploration results, Gecamine, proven and especially potential resources, etc.
Also the potential of other possible developments near Congo, Vietnam, Philippines, etc.
All which lead to the conclusion that Anvil potential medium term is huge.
Long term enormous.
Remember the bottom line Anvil holders ------
Patience will be rewarded!
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