AZH 0.00% 24.5¢ azimuth resources limited

dominic speaking at sydney mining club, page-15

  1. 8,598 Posts.
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    Thanks ms m. In so many of these presentations you will find the big jumps can occur pre presentation or after the fact when those present have time to go back and digest what they heard. We have had a big jump though and I'm happy for it to settle here for a while. Get very nervous when they got straight up. All good stock will consoliddate again before moving. The numbers are significant though. Looking to mine 300K pa! Do the math on that at 1795$ per oz minus extraction costs of course , but they are not huge with this outfit given the circumstances re processing etc. Imagine a resource of 3mill, 10 year mine life. They will keep building reserve and resource with drilling and 3mill could be just the start from what I'm reading. Establish initial resource , get the DFS done and start mining while still drilling. But by the time they bring the first gold out of the ground it will be interesting to see the resource available by then.
 
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