ANS 0.00% 1.7¢ austsino resources group limited

Always find the ANS threads fascinating, loved the last big...

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  1. 1,494 Posts.
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    Always find the ANS threads fascinating, loved the last big razzamatzz capital deal (PDY)
    Funny though how things are being twisted.
    Money is what opens doors, always has been !!
    The ASX have asked for the bone fide's of the investors behind the WAPRC deal (for very good reason given previous shenanigans) and the Cameroon Gov have also asked SDL to provide the same for any new investor supporting their bid to renew and develop Mbalam.
    It is plainly obvious that if WAPRC can produce some solid backers with real money and clout (and of course approvals) then deals will progress, not the other way around
    I have no interest in entering the Serena vs the rest arguments but she has a fair point about this failed CR of ANS.
    If it doesn't matter at all I suggest that holders start asking why their BOD agreed to this dilution for funds they apparently now don't need, especially given the impending SP boost you would expect from the WAPRC deal??
    There has been no announcement that the WAPRC deal is dead, so there is still hope, so good luck to holders of both companies. (Won't be good for either if it fails or something similar doesn't eventuate)
    Last edited by pe981: 19/03/19
 
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