AZS 2.27% 32.3¢ azure minerals limited

Ann: High Grade Results Continue at Oposura, page-24

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  1. 1,246 Posts.
    lightbulb Created with Sketch. 88
    I didn't say it wasn't viable economically ...although that's possible .
    What I'm getting at is that the reward will be modest at best and the cost will be at least a doubling of the shares on issue which dilutes down any upside in Alacran .
    Looks to me like there is value in Osp but probably not enough to justify a mill and if it could be trucked somewhere close I'd feel a lot more positive about the project .
    Yes it will be a test of Tony's good judgement to see how this is handled .
    If any of you like Ospura I hope you enjoy cap raisings 'cause you'll see a lot !
 
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