AZH 0.00% 24.5¢ azimuth resources limited

SP, quite sure AZH had $6m cash at the time of the TRY bid but...

  1. 32,153 Posts.
    lightbulb Created with Sketch. 110
    SP, quite sure AZH had $6m cash at the time of the TRY bid but yes basicly AZH would have had to look at rasing more funds to get a feasibility happening the Capital for developing the mine which estimated would cost some $160m.

    Considering how difficult is is to raise funds the Road head for AZH was going to be a long and difficult without a suitor like TRY.

    IMO Try & AZH are a excellent match, have faith in the TRY management team and think they have picked another winner.
 
watchlist Created with Sketch. Add AZH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.