AZH 0.00% 24.5¢ azimuth resources limited

re: Ann: Hicks Deposit - Initial Positive Met... Despite years...

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  1. 1,076 Posts.
    re: Ann: Hicks Deposit - Initial Positive Met... Despite years of investing in mining stocks I still am only an amateur interpreter of all the details of Announcements so feel free to correct my interpretation.
    My understanding of this,in the simplest terms is- As well as having drilled consistently high grades, this Ann has now found that the gold overall is easy to get out of the ground.(non refractory)
    So it looks better'n better .Also I compared the grades coming out of AZH with another that I hold which is greatlyfavoured by the pundits,-PRU- I found that AZH looks like having reserves of a much higher grade- better still.
 
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