The reasons I like Anvil are as follows;? this list isn?t an extensive list, just a few reasons I like it. ? 1.?????? Good debt (liabilities) to equity ratio (200 plus mill of assets whereas only 18 mil of liabilities).? Long term debt is very small. 2.?????? Prior to GFC share price 7-8 times higher than current. 3.?????? The information you provided suggests good reasons for upward pressure on price 4.?????? Whilst only having activities in the Democratic Republic of Congo, the company recognises the risks associated with this and are looking to expand outside of the area. 5.?????? The mining activities are underway (they are producing) and in the medium term the company hopes to expand existing operations to a significant level. Look to see this stock rise consideratly over the next few months!
Kentaro
AVM Price at posting:
$2.99 Sentiment: Buy Disclosure: Held
