I have the greatest respect for Grant Craighead, Gary and the team. The Directors will be focused on the best direction for themselves and shareholders and I would love to know if there are other stutters. At the AGM the question was asked. In what period of time (best case scenario) would a Viable antimony JORC be reached? 12Mths. Current Programme 18Mths.
I have always felt that the Independent scoping study will be a KEY turning point for AHR and a catalyst for Takeover, Joint Venture cornerstone investor etc.
Clearly the share price is now underpinned at around $0.28 with the takeover offer and I am hopeful the independent scoping study will confirm atleast $0.40 to $0.46 as suggested.
But we must remember that AHR was floated in July 2007 with 17Mil shares @ at $0.20. We now have 50Mil shares @ $0.17cents prior to the takeover offer BUT a developing Antimony deposit. The Antimony deposit was a key reason for floating 3.5 Years later we have takeover offer with a GFC in the middle not bad.
Thank you again. Good Luck.
Time will tell .
AHR Price at posting:
25.0¢ Sentiment: Hold Disclosure: Held