Very interesting point’s folks.
The only thing we are missing is a statement from management of what Anvil's (new?) strategic direction will be!
I'm sure considering the wealth of accounting knowledge that is now on the board and among management; various costing models will have been considered. One can only assume that the board’s decision to proceed with a staged production facility fits with the long term goals of the company.
The property acquisitions in the south, certainly changed everything. These projects could be bigger than Ben Hur! As we know, the tailings project is but one of many exciting copper/cobalt properties Anvil has leased. I can only assume, the board has the desire to bring into production some of the large projects quickly, and cannot wait to then build a smelter. I’m sure things will be unveiled in the weeks ahead of the AGM.
As Miningnut suggests, it could very a very interesting week ahead. Looking forward to picking some more cheap stock tomorrow as I did on Friday.
All the best
KKR
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