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3.57%

2.9¢ azumah resources limited

Ann: Company Presentation April 2016-AZM.AX, page-9

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14/04/16

08:58

Post #: 17499093
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Originally posted by PussnBoots ↑

FB, my recollection is a thy are investigating both, but there was more of a leaning towards finding a partner who can assist with the financing for the plant. (Maybe the assumptin has been least last few years that was an easier path than trying to raise the funds alone).

I may be missing something obvious, but after having many experiences of good projects failing due to location, sovereign risk, community support or infrastructure etc....these guys have ticks in all these boxes. If they can sure up the resource or find new deposits, this sure be a no brainer. There is government support for mining and jobs creation, so the only major hurdle is the finance.....which we all know can be a huge hurdle (especially these last 3 yrs).

No they have seats on the board of Castle who have large land holdings right next door which has good potential.

I just hope the current money is being managed tightly and the interested parties for JV or financing are real.

Cheers Puss.

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Thanks Pussnboots

I held a while ago, and checking it out, its a worthy buy for sure !

I might join you soon... all the best.

AZM Price at posting: 4.3¢ Sentiment: Buy Disclosure: Not Held
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