AZX 0.00% 28.0¢ auzex resources limited

chairman's update at ggg agm, page-3

  1. 2,695 Posts.
    lightbulb Created with Sketch. 24
    Couldnt agree more.

    When GGG lists in three weeks time the arb (which is currently 35%) will close and I imagine the takeover will proceed quickly.

    AZX is a layup buy while the gold price remains strong. Long term, the combined company could see a 300% revaluation to catch up with peers.

    I am more interested in seeing some serious drilling hit this orebody than a quick production scenario - there is real potential to extend the current orebody down plunge.

 
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