AND 4.55% $1.04 ansarada group limited

Platman. It is all very well drilling holes and finding gold....

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  1. 6,951 Posts.
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    Platman. It is all very well drilling holes and finding gold. However they nead a Big Cash/ borrowing to pay for plant and machinery etc , without that money they cannot get very far. Where will they get the money from or will a better cashed up/capitalised company take them over at a weak SP? There is plenty of risk in this share and the market price recognises this as price is still blow the 200 sma.
    B2
 
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Currently unlisted public company.

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