interesting -- Certainly reasonable point of view
I kind of see it very differently
And timing plays a huge part in the "success" or "failure" of many operations
"giving directors and other "informed" people the opportunity to sell out."
Insider trading I would believe you are referring to? (what info do you have)
Are you saying you knew this was a pump and dump? (interesting) -is that legal??
"prop up the market price"
Are management doing that??? (clarify--else its just a rant)
"you all are hoping that some infrastructure deal is put into place"
Yes we are! that's part of the story and the timing couldn't be better
Certainly the Chinese want to invest in multi billion dollar projects (Timing). Western Australian government and nationals government now on a infrastructure push.. (Again timing)
and wow what luck "New Chinese management" also Geraldton port authority linked management gee that would give the possibility of success better odds than before.
did I see the article Alannah mctiernan (infrastructure minister)saying the government are in talk recently with Chinese company associated with West Australian miners (Hmmmmm makes you think)- just maybe its gonna happen
"you guys are not thinking of timelines" (we aren't stupid)
Its not the completion of the project that will drive the share price
Just the announcement the "New Chinese management have secured funding and government approval. -
"Companies that are successful because they are based on solid fundamentals, strong management and clear plan moving forward ANS currently does not tick any of those boxes."
Disagree - Sorry
"solid fundamentals" - the company is sitting on a large JORC supply of Ore, the company has in its possession, ip relative to the Oakajee port and rail infrastructure project. The company has management that cover both the Geraldton port region and the Chinese investor potential.
Reasonable solid fundamentals to suggest chance of success - tick 1
"strong management" - management is new and has got the company relisted and have ticked a lot of boxes to make that happen - no small feat. -- tick 2
"If there is no announcement soon the price will head back below 1cent."
agreed people wont buy until informed, don't miss the informed timing -
amount of shares don't matter a peep --company market cap is what's important
if you invest by looking at shares on issue -- not good in my opinion
(current market cap at or around 100million) - Cheap in my opinion ATM
" I have been involved with construction of large mining infrastructure"
I can see why your answer pans out the way it has, We have had very bad experiences with infrastructure in Australia with cost and time blow outs, lets see how the Chinese do it and maybe learn something "LMAO" -- Check out the new bridge they built to Macau... l
ook at gorgon what a cluster....
"magic beans" -- you never know
Conclusion:
This event-- Oakajee Port and rail has been through the ringer for nearly 20 years it is something that will happen IMO to bring the resources of the mid west to market. The infrastructure required is and will be one of the largest infrastructure projects to hit Western Australia in a while and at a time when the State and National Governments are looking for such things and at the same time Chinese are looking through the belt initiative to invest in such projects.. (timing timing timing).
we are missing one thing to start the ball rolling ...Just the investment dollars from China for the infrastructure . (potentially anywhere between 2 billion and 6 billion dollars)
Then everything happens --
Disclosure:
I'm a long-time holder from Riverina Gold mines NL days 25cent ordinary share days, at which time I was happy to pay (16-03-1994) I picked up a lazy 28k shares
LMAO --"Rose Coloured Glasses"
The reply would obviously but -- "Jaded much"
The long time holders here know where I'm coming from.
I believe truly the timing now is the best it has ever been
if this is going to fly it will fly with this attempt ,
the plane is fuelled
the runway is clear
Obviously you sold your ticket .
I hope you buy back in before it does take off
As I said a different opinion but one never the less
really
*(just my opinion which is what forums allow us to do)
Dyor -- I have for 24 years
GLTAH -- maybe not the arrogant ones