AZS 2.27% 32.3¢ azure minerals limited

Takeover Time?, page-16

  1. 1,407 Posts.
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    “...stable country”

    Sure. Apart from the occasional cartel activity. Didn’t you read Sal’s report back from the AGM? I won’t dig it up for you. Search yourself if you’re interested

    “111 million SOI”

    Tony Rovira justified the previous AZS share consolidation on the basis that it was a necessary step for admission to the TSX. But when the consol was completed he never referred to the listing again afaik. One may assume the main benefit of the consolidation was simply to ‘reset’ the counter for more equity dilution

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    Another All-Time-Low today. The company will need to raise more capital in the next few weeks imo. Reasonable chance the discounted WVAP raise will be in the single digits.

    Mark my words, 14.5c is expensive for this stock. Heading to 11.5c (and lower) before much longer.
 
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Currently unlisted public company.

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