AZS 2.27% 32.3¢ azure minerals limited

By the way... AZS has a resource of 3Mt at ~8%Zn, mixture of...

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  1. 2,582 Posts.
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    By the way...

    AZS has a resource of 3Mt at ~8%Zn, mixture of open cut/UG with market cap $24M.
    SUP has a resource of 2Mt at ~14%Zn, all UG mining but with some infrastructure in place and market cap $36M
    Both are about to announce study results. Though AZS is scoping level, therefore no metrics are allowed to be released. SUP is Feasibility level.
    Which is the better speculation? Interesting comparison.
    I hold neither, but grade is king I reckon - Project NPV is what it is all about.
    Time will tell.

    Cheers
    Gosouth
 
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