Funny thing is that for all the shouting from the rooftops that management are dreadful and inept and that we've been waiting for something that never happens "we all still hold" and thats because we all know that ultimately ANW will make us a profit due to some pretty solid fundamentals. I have to say that whilst i don't share the same opinion on management as some here i certainly can understand and appreciate why some people continually denigrate them and point out their flaws ( and there are many ) . I get that sometimes in business things happen which are beyond anyones control but lately it seems we are running into situations which one would think are WITHIN what you would consider normal business parameters of control , that is , stuff that should have been monitored more closely and as soon as it starts to go "off-track" it should have been addressed and a contingency put in place . I still have confidence that management will get the ball rolling again and hopefully in a relatively short timeframe and we can only hope that the lessons of Granville are well learnt so that our main goal (Taronga) doesn't suffer in a similar manner. As far as shareprice goes the only time that concerns me is the time that i want to sell , anything else is just part of the journey to the endpoint of "SELL" . In the meantime i'll BUY when i can and HOLD until the SP hits my target figure just the same as most of you .......... it'll all be good in the end !!
ANW Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held