let say that AZH have a 1.5MOZ resources by December, Which just the start of AZH drilling in Guyana.
so what AZH worth when start production? Gold price $1800 cost production $400
1.5Moz x$1400 =$2,100,000,000 this is before tax and royalty
Not bad for company with 300M share, even if they rise money in the future for extra drilling or bring the company forward to production, still be worth a fortune.
In two years this stock worth over $2 a share.And as Sam said AZH will find a big gold resource pit some where in West Omai than its over night this stock will catch up to AMX
AZH Price at posting:
43.5¢ Sentiment: LT Buy Disclosure: Held
