AZS 2.27% 32.3¢ azure minerals limited

This company ‘invested’ millions of your money exploring a...

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    This company ‘invested’ millions of your money exploring a marginal little discarded zinc deposit, in a year when zinc price was collapsing (by far the worst performer of all base metals)

    Oposura was a miscalculation and evidence of poor strategic decision-making imo. The perms-bulls will no doubt disagree lol, but it doesn’t matter. They ain’t buying. The market ain’t buying. Heading to the low-teens & then single digits before EOFY I’d say

    (followed by another consolidation - for the TSE listing! - and the mother all capital raises to fund capex. Next AGM another pay rise for Tony & the boys)

    Bookmark this post compadres.
 
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Currently unlisted public company.

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