I think the value is still there and people are still buying on the proviso of not just a 1mil/oz + maiden , but the implication that there should be much more left to uncover.
Typically if you get a maiden jorc over 1mil/oz (discovered in short time frame) , you're looking at least at a 3mil/oz+ deposit.
The really value imo , will be the likely grades over 2g/t or better. This puts the deposit into a rare category of open pittable at a much higher than industry average grade for such mines . Exactly what larger miners looking to make aquisitions are looking for.
I think expectations of 1mil/oz+ at 2.2g/t+ maiden are probably on the money and the Sp currently factoring in the likelihood of more to come.
AZH Price at posting:
88.0¢ Sentiment: Buy Disclosure: Held
