AZS 2.27% 32.3¢ azure minerals limited

Ann: Oposura Mineral Resource, page-62

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  1. 1,407 Posts.
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    A presales agreement is years away. There’ll be several raises before then (assuming such an arrangenent actually comes to pass...equity financing is a more probable development pathway)

    The quantity and price of CRs are crucially important at this stage of the game because they’ll determine the future equity value of current shareholders

    Azure could conceivably establish a small profitable mine at Oposura, but if they obliterate the value of the register in the process is this a desirable outcome for current shareholders?
 
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