AZS 2.27% 32.3¢ azure minerals limited

Ann: High Grade Results Continue at Oposura, page-21

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 14,265 Posts.
    lightbulb Created with Sketch. 200
    What makes you think this project is going to be unviable from a few drill hole results? The nature of the mineralisation isn't uniform. What gives you the idea that it must be?

    AZS isn't allowed to talk about it under ASX rules, but my understanding is the previous equivalent results under the Canadian system got close to the current JORC target.

    I started a thread on the capex and opex and got a colossal amount of white noise.

    The current price and outlook for Zn is also relevant. The fact is that the previous owners were only looking for a particular type of deposit.

    But the mineralogy in both types of deposits is still simple. I think we're going to get a productive mine, regardless of a few missed holes.

    Some would have AZS sit on their hands and simply wait for Alacran.
    Given the broad outlook I can't see how that would be acting in the best interests of shareholders but I guess people have a variety of views, and motivations.
 
watchlist Created with Sketch. Add AZS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.