AZS 2.27% 32.3¢ azure minerals limited

Ann: Final Drill Results from Oposura West Zone, page-35

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  1. 1,246 Posts.
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    Yes you're right about the arsenic .
    Also I must agree with you (in general) about the nature of exploration .
    I'm not new to investing in speccies and for a decade I made a living from it .
    I got in very early on things like JBM ,GOR , MCR and I've made 10 baggers on some so am neither stupid nor ignorant .
    I don't cry when shares go backwards but am annoyed by poor decision making and high salaries .

    However ...
    1.The met problem at P was known early and the question might be asked as to why money was continued to be thrown at it for what , years ?I was told by Tony way back that the ore could be treated but there was a marginal extra cost involved .
    2.The bigger point is the time P has been sitting there with no action taken on it !
    Well past time to sell JV or something if it does have value !

    I used to support Tony but have learnt from experience that we don't appear to be getting good value there !Ospura looks very much to me like another P !
    Different problems , in this case mainly scale ...although to a certain extent also true of P I suppose .
 
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