ANL Looking Good

  1. 1,747 Posts.
    I'm quietly confident that the worst has past for Anaconda and recovery is under way.

    Here's a short extract from todays quarterly announcement. Be sure to read the full announcement before buying any shares.

    Regards M.


    HOMEX - Sydney

    Anaconda Nickel Limited is pleased to announce that the Murrin Murrin
    Joint Venture achieved record quarterly production of 7,479 tonnes of
    nickel and 379 tonnes of cobalt for the period ended 31 March 2002,
    which just exceeds the record previously set in the corresponding
    third quarter last year. Murrin Murrin operations were cash flow
    positive in the March quarter for the first time ever.
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