Im am general positive because i see the value as Crash does, I also genuinely believe that at this level the risk reward is good and that a conversion at 1.2c would still see the share price trade much higher.
But im frustrated to say the least that on scale of 1.2c to 3.5c after 10 months we are staring down the barrel of 1.35c and no one can surely say that is a great outcome, not even I.
We have lost upside and i have to ask myself what crash has conclude for 10 months now, is this inept management we are seeing? I did say I would wait till conversion to decide. Now its here and its not good. If its not genuine fail of execute, how do management benefit from this? Its not by giving LIND 311 million shares at 1.35c and approx 100 million options 1.35c, 2c, and 3.5c imo.
If ANW truly have the goods from assays to granville by next quarterly, then surely they will want to ttake advantage and it wont be letting lind convert 311 millions to dump into all the good news imo
These are such questions roaming my brain at the moment, you know the banana brain
ANW Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
