Definitive feasibility study end of next year. So financing arrangements announced first part 2020? ok.... but company needs to raise many millions for mgmt salaries/bonuses, admin and drilling in the intervening period. What’s the carrot to attract needed investment?
AZS has found it hard to catch a 19-20c bid for months. What sorta discount you think predatory money-men gonna ask to pour money into this venture now? Is Tony’s the sorta guy to passionately champion LT shareholder interests when push comes to shove?
Low-ball equity dilution incoming imo. Bookmark this page compadres. I’m putting it on the record. 18.5 will be viewed as a high water mark for azure in the months ahead
AZS Price at posting:
18.5¢ Sentiment: None Disclosure: Not Held