Australia's largest stock trading and investment forum Australia's #1 stock forum

AZS

Click for more information

2.27%

32.3¢ azure minerals limited

Ann: Resource Drill-Out Completed at Oposura, page-78

First 78 Last

Share
Profile

Follow
dolcevita

14,265 Posts.

200

08/04/18

11:37

Post #: 32298619
Share

Originally posted by Mossberg ↑

don’t expect revenue for the next several years (at a minimum), the key to SP value between now and then (whenever ‘then’ may be) is how much capital the company raises and at what price!

As others have already noted, a pig headed decision to build a mine on either /both of the new tenements ‘come-what-may’, could ultimately generate a revenue stream but dilute current holders to hell in the process

Tony has previously expresssed his strong desire to transition Azure to an explorer. But what may be in the best interests of ‘the company’ may not be in the best interests of loyal longs. See HRR as a cautionary tale (and be wary of those suggesting Azure is ‘different’!)

Dangerous and interesting times ahead! I’ve drawn my own conclusions about the behaviours and priorities of Tony Rovira based on past history and will navigate the days and weeks ahead accordingly

Expand

Pig-headed?
Dilute?

How about thinking of alternatives there?

For instance, pre-sales would not be dilutive. You’re all about negatives.

Pig-headed seems harsh as a description especially given that alternatives exist...and you are a bit on the resolute side yourself.

AZS Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

HotCopper Highlights: Your most watched stocks for Week 46, 2024

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

There are more pages in this discussion • 6 more messages in this thread...

First 78 Last

Add AZS (ASX) to my watchlist