AZS 2.27% 32.3¢ azure minerals limited

Of course they are ! Missed your point somewhere ! AZS have not...

  1. 1,246 Posts.
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    Of course they are !
    Missed your point somewhere !
    AZS have not said "economics are good " as D has !
    Read my post !

    If you look back ,Promontorio had a resource of 1.5 mill tonnes @ 5.7%Cu eq. ...higher I/G value to Ospura based on Osp. non JORC resource and a great grade !
    Yet in all the years after the JV fell through AZS sat on cash and never tried to develop .
    I'm assuming there was a good reason,(I was out of the company for some years) but the point I make is if you oversimplify and assume you are likely to distort and until BFS you're just guessing !!
    Here's the thing in case you aren't aware ..the big unknown at the moment is exact orebody shape which impinges very much on economics .
    It's the discontinuities shown up by the last set of results which scared off so many investors that imply smaller less economic pits OR poorer strip ratio over bigger pits .

    D tends to make bald statements which if worded as OPINIONS are quite valid but when purporting to be FACT cannot be justify and mislead .
 
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Currently unlisted public company.

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