Big week/ month20 Apr 2024 09:32
How the last month has went quickly and now we find ourselves approaching the end of April. Watched the Collective presentation and if Orosur could even be a tenth of that company then we could be on to a winner. Interestingly within the presentation included useful info regarding mining licences/ permits that have been issued in the last year on Colombia and in Ari's opinion the South American/ Colombian space moving forward will be leading on critical minerals. Worth noting a mining company has taken 10pc of Collective and remain anonymous, under the reporting levels. So there is interest in good companies and money to be invested in Colombian mining space. It is also worth noting that Collective's plan isn't too turn there project into a mine, it's to prove the concept and sell it on to a company that will turn it on to a mine. Regardless of what people think of Brad/ Louis and the way things have went since C&M, if Orosur are going to be calling the shots and can prove that Pepas was drilled in the wrong direction then it doesn't matter how much you think they are clowns, Anza will have not just one but two proven areas (one looking likely open pit and the other under ground) and other mining companies/ investors will take note, especially as these areas aren't really what Anza is about (more bonus areas) and in the future could have 4 or 5 proven areas. Most investors here just want to see the company moving forward and the share price rise off the back of good work and strong news flow. Of course we need to see them back in control, the drill plan, financing arrangements and the company strategy moving forward. This is not a perfect company, but that is why it's at this mcap. However sensible targets and share prices near term can certainly be achieved and more outlandish ones can also be achieved if all the ducks line up and a few bonuses thrown in for good measure. This week might start to see a real flurry of activity. Good luck all :)