Bedford Journal, page-5

I think many will be thinking along those lines... hence the pump will fizzle in a blink... we need something game changing... PEA won’t move the SP IMO.... very common is misleading PEA results. Another area of concern is the use of overly optimistic or highly aggressive assumptions in a PEA, or methodologies that diverge significantly from industry best practice guidelines and standards for exploration and mineral resources. Issuers appear to be treating the PEA as a substitute or proxy for a PFS.

FS will be the true insight for Azure. The Feasibility Study is the final stage study prior to making a production decision. The feasibility study should preferably be done on a single project scope. Once this is released to the market we will know for sure the future outcome for Azure... Tony lacks massive experience when it comes to such a stage, when I look at the board/management I’m wondering who really has the experience to bring a tenement into production, all they seem to have experience in is exploring, financial back grounds, stock market games, raising money, a merger or 2.. Has anyone on this elaborately paid board ever bought a tenement into production without a JV or merger, think they need someone younger with a drive to succeed... hmmmmmm

The fact is, if and a big IF a Feasibility Study proves to be worthy, then we will see these guys true colours... me personally think they are lazy and will let the reins be handed over to someone with real experience that has a decent financial backing that knows how to prevent massive cash burns on the lead up to production... best business practice on the face of the earth is to tighten your financials until revenue is in play, something these guys laugh at and haven’t got a clue about..