RE:RE:RE:RE:RE:RE:RE:2021 Annual Review For ANX And Outlook For 2022 When I look at MOZ, I don't get frustrated with how low Anaconda's market cap is compared to them. I get excited thinking of where we are going.
Don't forget that MOZ is 12 to 18 months ahead of ANX in the development of their mine. They have done a lot of work towards final environmental permitting, they have agreements with first nations and they have done a couple of rounds of big financing to get there. The first rounds of financing were over a dollar but well under two bucks. MOZ''s share price has gone up significantly over the last two years, but not in a straight line. There have been ups and downs along the way.
Also, remember that MOZ is bigger than Goldboro. It has more open pit ounces, will have a bigger mill and targets a production of 175,000 ounces a year. But those are today's numbers. They have grown along the way with constant drilling and a few updates to the ressource along the way. I hope to see ANX follow the same pattern. That's how we should reach (and surpass) the $2.40 Sprott target.