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01/02/19
18:55
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Originally posted by BarralScraper:
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Im ot fully up on the lind thing, but regardless of outcome, isn't uncertanty resolved March end ? Lind is clearly a thorn in our side, once rid of....? I consider earnings potential can offset this...and others consider we cant. TBH, I'm not worried about Lind. I'm more worries the coy is going to abstract on me and come up with a hair brained idea that sets positive cashflow back. Our directors are renowned for empire building at the expense of shareholders while they capitalise. I definitely want to see a consolidation period for ANW rather than a cash sucking delay in pursuit of snatching in and containing resource. We have the Goods to do well enough now and take calculated decisions in the future without being a pawn in DGRs manilpulating ways. NM is great Geologist,,,but that's proving to be shareholders worst enemy....its a constant growth thing...and a constant scraping by on funds...doesnt worry him, he has a healthy income..but for shareholders....its a carrot on a stick. Sadly...until one realises that fact and plays his game. but that game seems too expensive for most. I hope ANW will stand on its own merits.
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There are other companies which develop and grow as an individual company, in the traditional sense. The best companies are the ones with the best management. I'm hoping they will make Granville a success in the next 2-3 months and a good share price to get out on. I'm not going to hang around for Taronga.