Why would you expect yesterday’s ann to boost the share price? Realistically, why would anyone’s investment decision be swayed by the ‘information’ contained in that update? Was yours? Did you buy a bundle of new shares on the basis of that? I don’t think so
In the absence of some amazing new intercepts the situation for Oposura is understood by the market. Tinkering with the mining plan and proving up the estimates is unlikely to trigger much of a rerate.
Azure has poured a lot of shareholder money into Oposura, and by the company’s own rhetoric is fully committed to proceeding. From this point on it will be a long slow journey to mine development and eventual production.
AZS Price at posting:
14.5¢ Sentiment: Sell Disclosure: Not Held