We may quibble about the reasons, but the plain truth is the market has not been much excited by Oposura or SA
I actually believe on delivery of a DFS and decision to mine the share price may drop significantly in expectation of a large raise
Tony may have offered vague words of reassurance at the AGM about alternative finance options, but I don’t think market trusts him much anymore
I believe most sensible investors are here for Alacran. There’s a payday coming, but we really need to keep the share registry as tight as possible until then
The problem is, imo, Tony views each mineralisation primarily as a geologist and a salaried company executive
He has no significant financial stake in the co and therefore may not be inclined to view company growth opportunity through the lens of a current shareholder
AZS Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held