AZS 2.27% 32.3¢ azure minerals limited

Rovira has certainly been busy speaking and here is another...

  1. 787 Posts.
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    Rovira has certainly been busy speaking and here is another presentation in February 2018 that seems to have escaped previous reference, from what I can tell.
    http://cambridgehouse.com/video/7485/developing-high-grade-projects-in-mexicoazure-minerals
    Nothing here though, not already said.
    Rovira is definitely working the traps for raising capital but the substantial dilution through issue of shares and options without a SPP does not make for happy retail shareholders.
    The SP is been in steady decline all year and ever since the share consolidation.

    I actually topped up on the market back in May to overcome the dilution but of course with continuing price erosion I am not in a hurry to repeat that but am inclined to wait until there is some really big announcement like a decision by Teck to progress a DFS for mining Alacran (perhaps).
 
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