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06/09/18
20:18
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Originally posted by Soothsayer
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Just goes to show that investors and alike are not scared of mexico as Tony and a few make out, such a flog that statement "investors dont understand Mexico" what rubbish... Had a look a CZL, definitely a nice achievement... surprised the SP isn't touching the 2's, but the over alll sector and ASX in general is having a hit... I understand your comparison and the reasoning behind it, however I think Tony might need to take a lesson from these guys...
Your comparison between CZL and Azure makes me nervous actually... goes to show when a Management team are focused and committed how fast the turn around to production can be...
On a positive note, we are in the same area, best we take a page from their book and get on with it.
Volume and SP increase is happening nicely here for CZL, I say come mid October serious interest will take place... If you consider CZL as a comparison the only major concern I have is Azure cash burn and time span seems against us.... If I was to take a punt I would say by the time we get to their stage the SP/dilution and alike will have hurt us, we will more than likely be back to where the current SP is sitting now when we are near production.. Time will tell... Living in hope something else boosts Azure prior to mining Oposura.. As you show via your comparison, Azure has yet to make a decision to even mine, and that wont happen until mid next year, and thats just a decision, not even getting the ball rolling... heaven help the SP on the lead up to actually mining something...
actually feel concerned reading your comparison.. I feel like our management just lack serious drive..
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Oh dear...well if Teck hadn't exercised their back in right, we'd be well on the way to production at Alacran wouldn't we?
But there's a lot of luck involved, apart from skill and judgement.
Fed up with these living in hope lines. You're a smart investor surely? You've made the decision to get back into AZS. Several of you in here continually damning AZS with faint praise on good anns.
Do your posts lack serious conviction for reasons that have nothing to do with merit?