AND 4.55% $1.04 ansarada group limited

re: Ann: Extends Higher Grade Mariana Central... Little hicup...

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  1. 6,475 Posts.
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    re: Ann: Extends Higher Grade Mariana Central... Little hicup todat in the upward trend.

    I calculate the PE, once production begins within a couple of years, to be less than 5 on Cerro Negro alone.

    Considering topping up as risk is becoming less due to resourses alone.

    I don't usually buy and hold as nothing goes up forever, although so far AND seems to 'slowly' defy gravity.

    One of the potential issues may eventually be plant commissioning. Seems to be the case with many such plants, although that is still some way off.

    Interested for any opinions on the plant design, potential recovery issues, as well as capiatl requirements (future raisings?) etc stc.

 
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