AZS 2.27% 32.3¢ azure minerals limited

Ann: Drilling Update on Alacran Project, page-10

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  1. 85 Posts.
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    Its not quick money or guaranteed money with their earn in. They still have to put up cost for production which is still a large amount and wait for money to come in. Often these deposits do not meet the requirements for investment hence why they left mexico and large companies drop non tier 1 deposits. They done see it as "it will pay us back eventually". They see it as we need to fork out another X amount of millions to put in production why bother as we can continue to search for other teir 1 assets with that money. VERY different mentality to exploration companies transitioning into mining. Have a look at NST's story.
 
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