Interesting reads in the thread... Nice input Dolce by the way...
The main thing here though is to understand Azure needs to focus primary on what will create revenue the fastest... that’s all that needs to happen for the SP to sustain growth.. Therefore then CR’s do happen dilution is minimal to support LT holders..
Oposura, Sara Alicia, Alacran are obviously the main focus in general for Azure.. But you have to admit Alacran will change the order of prosepcts if results are as expected... Even when you listen to Tony talk in his presentation you can see he is more excited about Alacran than the other projects.. Teck obviously are doing the work that needs to happen and at their expense, which is awesome for us... Alacran has massive deposits.. My concerns as with most of onlookers in simply cash burn with so much going on for Azure...
By the way "bank funding", never going to happen... sorry.. Not worth entering this conversation as it will go on and on... but a bank is not goin to touch Azure... I would bet money on that alone.. Risk is tooooo high...
Tony assures holders that 2018 is going to be filled with announcements regarding projects at hand, and that production will happen for at least one of these if not all in the next couple of years.. But to prevent dilution and decline in SP it would be worthwhile to pull back a little and focus souly on the most profitable outcome in the short term.... Obviously Tech have money to put up, $15 mil in total is some serious outlay, they will be looking for a pay day themselves, so expect this to be fast tracked.. I have a few concerns of the actual profit take for Azure, but hopefully they will not come to head.
Azure seems to be better positioned than it ever has been... but hopefully they can learn from their past in regards to market sentiment.. Understand risk of cash burn in the time needed to return revenue is always the focus of on lookers with big bucks... minimise cash burn in the process is the key...
I think the market is just confused trying to understand what will be the main focus for Azure..
Some may say diversity is good, but IMO time will be against Azure if they don’t focus on the main project that will bring revenue the fastest..
On a trading perspective, I am convinced that small games are attempting to get played with the SP... Even at such small volumes... these low ridiculous individual sell orders are simply attempting to get a few to let go .... I mean 500 shares, seriously... I have always hated this about the ASX... get rid of bots and alike... minimum share buy and sell should be at least $2000 across the board... any way... it is what it is...
This is definitely a support level... anyone considering to get aboard would be advised to DYOR , but time is now for max gains..
News to make this boom will be Alacrans results coming up, then a prospectus with time schedules on the lead up to production... this is what I am hoping for... then Opsura, then Sara Alicia... don’t rush it, just get it right...
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