As a disinterested observer more drilling makes sense, but with c $3.5m in the kitty eoy this would require the co to pass around the hat for another cap raise on the basis of the business case outlined in the study. This would cripple the share price imo
Excluding a very significant and near immediate boom in metals prices (which nobody is predicting) I literally cannot envisage a scenario where the azs share price in the next 3 to 12 months is not much lower than it currently is now
AZS Price at posting:
19.0¢ Sentiment: None Disclosure: Not Held