HI Gaucau,
I am rewriting my post as apparently it offended someone, it is not meant to offend, it is simply trying question your claims and statements. So I apologize for any offence to any one, Im simply asking questions that relate to Gaucau's original post. My concerns and questions, would appreciate your answers Gaucau:
Please explain how we will avoid further CR's and massive dilution before any type of revenue?... no one is going to finance this project other than some naive investor that is fooled into some share or option red hot special... I have never met or heard of a financial adviser let alone a lender that will even dish out a cent with the proven history here... imagine someone coming to you and asking you to lend money of you but has never made a cent in over 15 years.... finance is out of the question, can any one show me a company in a similar situation that ever secured finance at this stage of the game..
share price drop has nothing to do with Zinc... its to do with cash burn and time frames with revenue so far out of sight its not funny... The Zinc chart doesn't even align with Azure, and rightfully so, If Azure were producing predominantly Zinc then maybe you could relate he Zinc price... however the SP has nothing to do with ZINC... IF and a big if we produce ZINC we are along way away from such revenue, who knows what the ZINC price will be doing by then, so hence no one would relate the SP to ZINC prices at present..
cost estimate are to be quite low you say?, are you including the massive cash burn that accrues qtr'ly via admin costs and Tony's ridiculous pay packet... its not just about the cost of producing, its also the cost of the ongoing business structure.. I would be curious to read any ones business prospectus idea on how the future will go for Azure. Current expenditure, Mining licences and plants, time frames, expanded staffing, transportation of resources to export... where is all this money coming from? presales will never happen unless we are producing...
Im genuinely open to thoughts and answers that have substance, am happy for someone to prove me wrong in my sentiment toward what seems to be a failing exploration company turn producer, or show me if we become a producer how massive CR's and dilution are avoided..
Im not sure of your holding, but mine is massive... Im not happy... Im questioning this company hard, Im even doing my investigation as to what daily work these guys are doing for that fat pay packet..
we need a miracle at this stage of the game..
PAC Partners are about helping such dia straight companies do CR's and IPO's... if PAC Partners are starting to promote Azure then I will say they have Azure in their back pocket ready to do the next CR for them... this is more of a worry then a good thing, obviously Patterson's may not even want to touch Azure ..... massive cash burn, revenue needed !!!!.... which is taking the fore front, yep you guest it, CASH BURN.... CR is inevitable
Tony needs a miracle before he dwindles whats left of the millions he has taken from obviously sucked in big time investors...
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