If you are a holder of ANS, you have two options on this Friday. Option 1: Buy more shares of ANS on the market when they announce right issue and buy more again to subscribe the right issue or Option 2, buy SDL shares.
ANS share price at 0.017 and has no substantial assets in the balance sheet and still struggling to nail down a tenement.
SDL share price at 0.005 with huge potential and already invested more than $175 million in project feasibility study/blue print how to execute this iron ore project, and ready to go when getting the funding.
SDL has MOU with Tidfore to sell 51 per cent of CAM IRON SA (a subsidiary of SDL)
SDL has MOU with Tidfore that Tidfore will seek financing for the project.
Good luck if you would like to choose option 1.
ANS Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
