AZS 2.27% 32.3¢ azure minerals limited

What makes you think this project is going to be unviable from a...

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  1. 14,265 Posts.
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    What makes you think this project is going to be unviable from a few drill hole results? The nature of the mineralisation isn't uniform. What gives you the idea that it must be?

    AZS isn't allowed to talk about it under ASX rules, but my understanding is the previous equivalent results under the Canadian system got close to the current JORC target.

    I started a thread on the capex and opex and got a colossal amount of white noise.

    The current price and outlook for Zn is also relevant. The fact is that the previous owners were only looking for a particular type of deposit.

    But the mineralogy in both types of deposits is still simple. I think we're going to get a productive mine, regardless of a few missed holes.

    Some would have AZS sit on their hands and simply wait for Alacran.
    Given the broad outlook I can't see how that would be acting in the best interests of shareholders but I guess people have a variety of views, and motivations.
 
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