Market sentiment seems to be inline with SH's thoughts...... Low turnover, no SP increase tells more of a story than the latest load of gobilgook. The upside to it is, most of the money's been burnt, with the exception, of the drilling to be completed at Mt Cobalt which will be completed in the near term. Irrespective of who's benefit it's been for, it's done and dusted. The BOD will require a very, very solid case to continue any form of exploration going forward.
Ultimately, this leaves these clowns to focus on the circus in Tassie and generate sales. This must now bode well for SH's......
Another thought, ANW is looking awfully top heavy, given there's little to no exploration left to be completed and currently not crushing any material, therefore not generating any income. The cash burn continues.....
I guess time will reveal all.
DYOR.
ANW Price at posting:
1.4¢ Sentiment: None Disclosure: Held