AZM
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3.57% 2.9¢ azumah resources limited

I have a feeling Puss that Ibaera Capital and AZM management...

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  1. danis1977
    470 Posts.
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    30/01/19
    12:42
    Post #: 37263882
    I have a feeling Puss that Ibaera Capital and AZM management have no intention of taking this project into production.
    I think they are looking to produce a standout BFS and sell the project to the highest bidder, I could be wrong though.
    A lot will depend on where the USD gold price is sitting when the BFS is released, if the USD gold price is trading in the $1400-1500 range the NPV of AZM will look very attractive given our current MC.
    AZM Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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