AND 4.55% $1.04 ansarada group limited

re: and Re: notice of agmand resolution 6-Mandate to issue 25mil...

  1. 5,342 Posts.
    re: and Re: notice of agm
    and resolution 6-Mandate to issue 25mil shares at 80% of market price within 3 months after date of the AGM.(29/11/04)

    Looks pretty good imo and in no doubt that it will be passed. Provides further capital for exploration etc. :-)

    Still plenty of risks (as in most mining start-ups) however for long termers it does look pretty rewarding at these levels imo.
    nb: stock is pretty illiquid so we will see wide variations in price at times.
 
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