even you that has no experience in the exploration or mining industry can see that Oposura should be the main focus for Azure at present until decisions are made with Alacran... dont you get concerned with management over spending and wasting time with ongoing presentations, also wasting time considering other tenements, exploring and continuing with Sara, when we could actually push this aside and focus on fast tracking Oposura?
I do agree with Moss regarding the Chair and MD managing risk properly and not leading us into another dead end project with continued wasted expenditure. Seems to be a historic pattern of events.
As we all know this industry is ruthless and hard, its amazing that Tony has managed to even keep Azure above water and convince major investors to give him money this time round... why risk the bank balance and continue such massive cash burns when it does seem we should be giving Oposura 100% of our attention considering Alacran is out of our hands at present..
Azure needs focus, yes diversity is good, but when the bank balance is getting smashed weekly one needs to prioritize... stop endless presentations at our expense, stop looking for more tenement opportunities, start giving Oposura 110% now... push all other tenements to one side and get some sort of revenue happening before the Shareprice falls to historic time lows....
the market is ruthless,the market is aware of Azure and Tony, but the confidence is lacking, hence the lack of interest... much needs to be proven... goal driven time lines with a business prospectus in place to get Oposura up and running... this is the obvious path needed at present, even you Dolce can see that... I have tried to communicate with the company, but to no avail... I wish someone would put the boot into these guys to get a revenue focus within a accurate time frame...
the only reason the SP is sitting here is due to managements credibility and ongoing cash burn... thats as simply as it is...
AZS Price at posting:
23.5¢ Sentiment: Hold Disclosure: Held