Now that the issue of the Capex has been solved, thanks to Dolcevita, does this, in the eyes of the doubters, make Oposura more prospective and more likely to be an economic venture? In my opinion it does. As Australia comes back to work after the Christmas/New Year break, we might expect this week to see an improvement in Azure's share price.
The improving metal prices globally, and Azures multi-metal exploration program, make it very prospective.
The aim is to be producing from Oposura(lead, zinc, silver) next year, in 2019. But the real interest may be sparked in the anticipated announcement in February of the initial drill results from Alacran(copper, gold, silver), and the forthcoming work program for Teck.
A little later after the magnetic survey, Azure will initiate a drill program for Sara Alicia(cobalt, gold, copper)
This is an impressive lineup for the next few months.
AZS Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held