AZS 2.27% 32.3¢ azure minerals limited

Oposura Capex mystery solved, page-35

  1. 14,265 Posts.
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    Yes but what were the economics involved?
    Surely it's a good policy to look at the all the available facts and make logical conclusions from them?

    If the capex is as low as all the credible evidence points to of $30-40 mil, then it's possible people could become unnecessarily afraid about financing.
    Ditto with opex, which maximises profit. The two together and the nature of the resource means the downside is limited here.

    I've said repeatedly that I think Tony and team have chosen this project very wisely indeed, taking into account the uncertainties around Alacran.

    I don't know why you don't address the issues about the economics involved directly. Instead we get a scary narrative without any specifics of the economics involved. I think that is a fair comment. No hurt feelings thanks.
    Last edited by dolcevita: 10/01/18
 
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