Capital Raising for Mates

  1. 1,787 Posts.
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    Sorry to start a new thread, but I thought the title might help the Directors know what some seasoned retailers are thinking.

    Question 1: Who would benefit the most from a depressed prices capital raising?
    Answer 1:  An informed investor that stumps up the cash and dilutes non included retail investors.

    Fellow posters we need to be on the front, and call or email the BOD of directors that if this form of CR and not a rights issue for all occurs that we will call them out.

    Facts: We have not had any Tin sales since a Trial batch of 5T was dispatched in October.

    December Quarterly
    Granville Tin Project During the quarter the Company made further changes to the process circuit and completed processing available stockpiles under the Level 1 permit.  A quantity ( Give us figure Mr CEO why is it a secret?) of pre‐concentrate generated from Level 1 operations will be dressed during the first quarter of 2018. Preparations for Level 2 are being finalized and civil works are expected to commence during the current quarter. ( Did this happen?)

    So we know ANW has not made any sales. We know that once the ground was dry ANW was not is a position to start civil works, not withstanding having 10 months to do do all the preliminaries.( Big fail) We do not know how much inventory they have. We do not know why they did not commission the spirals last year under G1 go slow conditions.

    All of the above could be down to "Well that's mining". But it is a series of unfortunate events, coupled with deathly silence ( You cant be accused of deception if you say nothing).

    So stay with me for one minute.

    Just consider if all this deathly silence over the past 1/4, was designed to keep downwards pressure on the share-price.
    Question 2: Why would any investor want the share-price to be depressed.?
    Answer 2: Refer to Answer 1

    Don't kid yourself posters, they have done it before ( December quarter was the last time).

    So if you are genuinely interested in your investment, next time you call or email someone, try squeezing their nuts, and let them know how disappointed you would feel if you were not included in the CR.

    Now anyone who does not agree, please come back to me with some facts. I have laid out facts, so I welcome rebuttal, but please base it on known facts.

    If you agree that if it "walks like a duck", that you send an email advising that you would be disappointed if you were not involved in the next capital raising.

    I am pro ANW assets. I think it will be 20 cents or beyond once G2& T2 are in commission. ( Oh yes then there is that sugar hit X factor in Queensland)

    Crash
 
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