AZM 3.57% 2.9¢ azumah resources limited

Personal view is I doubt it. Small or Mid tiers usually don't...

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  1. 2,871 Posts.
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    Personal view is I doubt it. Small or Mid tiers usually don't want to grab ground and develop it and construct (unless they have a really good view of low risk and lots of cash on hand). And big tiers, with the big pockets, look for bigger JORC numbers and further exploration potential. They want the little guy to scrape and toil to build the picture....which i believe is where we are at.....scrapign and toiling and building a great picture but we still have a way to go.

    So I still think we need to make some really good hits and show more prospectivity to get interest from a much bigger fish. Or keep lowering the risk with infill drilling (with further exploration drilling to continually expand the resource as well).. and then a JV partner will come along, or a buyout etc.

    I still think we are 1-2 yrs away still....and the gold price plays a huge part.

    All that said, what would I know.....I'd love an offer of 15c a share!!!! bring it on!
 
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