AZS 2.27% 32.3¢ azure minerals limited

Ann: RIU Sydney Resources Round-Up Presentation - May 18, page-19

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  1. 255 Posts.
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    The last few posts give us a pretty good summary, I'll just add the following in relation to Alacran.
    Resources of 32 Moz Ag & 150,000 oz Au at Mesa de Plata & Loma Bonita discovered 2015/16.
    On top of a hill-open pit mining-no overburden.
    Low cost/highly profitable mining project.
    We would have been in there boots and all if Teck hadn't decided to buy back in.
    And based on what we know, simple mining operation, I think we would be successfully mining right now.
    So, in summary, I am more concerned with the above, together with the potential of Oposura & Sara Alicia than the current ridiculous share price.
 
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