In the quarterly (31 Jan) we get a lot of hints on the scoping study page 4 Anchor anticipates delivery of the FINAL SCOPING STUDY RESULTS and report in coming weeks. (This infers they have reviewed the drafts key word FINAL)
Page 2 During the quarter, SRK consulting DELIVERED its independent, JORC compliant, 3D etc.
Page 3. Exploration Programme. When you read through the above and other announcements clearly there is excitement on reaching the 2 Million tons PREFESABLILTY STUDY TRIGGER with the current round of drilling.
The quarterly and other announcements in my laymans opinion tell us what to expect in the Scoping study.
The Anchor team clearly have the right to review the Scoping study drafts and comment. This study is a company turning point document and as mentioned is the INDEPENDENT JUSTIFICATION for the APPROPIATE takeover offer DECISION and company direction.
Timing is everything. I think the reply to tender is due Mid Feb, and AHR has appointed professional advisers help the Board.
Enjoy the ride. But you can read the excitement in announcements.
Please DYOR
AHR Price at posting:
27.0¢ Sentiment: Hold Disclosure: Held
