never going to happen in a millions years.... money comes via CR's adding massive dilution every time. That is the only way Tony knows how to raise money.... hence the reason for the consolidation in the first place... keep dreaming with your "what if's"... no financial institution would even dare loan money here, one would look at the track record and realize the endless cash-burn in over a decade has amounted to nothing of real value... geez would you honestly lend money to a company that has existed for 15 years of the backs of shareholders to actually never return value as yet...
"AZS has always run very cost efficiently"..... your tripping right?.. presales, lol, are you serious?, that would be like trying to predict the commodity price so one could work out revenue after expenditure.. this is the most dreamiest desperate post I think you have ever written... to even compare a medical company with a exploration company is reaching... not even long ago you tried to use BHP and Azure in the same sentence, even to go as far as mentioning future dividends as you dont have any intention selling your holding.... whats happening here, desperation?
Its so simple really... Azure has tenements that offer good to great revenue potential, however as we all know production is all that is going to re-rate Azure and actually bring value to any holder, let alone the poor long term holders that have been stuck here for years oin a sea of red losses...
though 8mill in the bank, how long do you think that is going to last before another massive dilution takes place?... the admin costs here are horrendous and you think they are good with money?
TO is what I want to happen when they prove up all their resources.. let someone who actually knows how to make money take the reins..
Dont get me wrong, there is definitely value here at these levels...still SMH as to why we hare back to the 30cent range, and just holding... looks like Tony had someone buy a few today at 30cents to help with the SP statement in the current presentation referring to the SP at 30cents today...
exploration stocks are cash burners and I think that is why the market is over them... revenue is where its at, even revenue stocks are judged harshly... take for example BLK, currently had a record month and the market still punished them, that one there I cant even figure... but I get why the hesitation with AZS, Tony has not proven his worth to bring revenue to the table in over a decade, hence why big money that is looking in is dubious..
TO is what we need and want...bring it.. excellent tenements, just needs a big coy that knows what to do with them instead of a amateur miner wanna be...
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