AZH 0.00% 24.5¢ azimuth resources limited

AZH would make a great takeover target by any company with a...

  1. 10,469 Posts.
    lightbulb Created with Sketch. 155
    AZH would make a great takeover target by any company with a useful existing cashflow.

    PRU should get hold of it for $200m and escape high taxing west Africa. Same goes for RSG, and EVR both of which could fund such a takeover.

    I really like the location, ore grade, and potential. But if the management just keeps growing number of shares then by the time they want to raise capital for a mine it will be very dilutionary.

    GLA

    I got out much too soon to put the money into a safer bet - CGA, which itself fluctuated a lot.

    loki
 
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Currently unlisted public company.

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