Thx for that info Insearch.But I thought Takatu was absorbed into Epsilon which changed its name to Azimuth. You can see the top 20 shareholders of AZH on their website. Well we know what happened in 2008- It really, as you guys have said, a credit to the M.D and directors that they were able to float this when times were so bad and even the big Co's had trouble getting money and it is still v difficult for juniors to get funds. I would expect with POG rising the way it has it will now become easier to get further funding as needed .However I note they seem to have adequate cash to power on with drilling(and getting those v good results,I hope)
Though-Insearch - I would, with respect, perhaps correct your phrasing- "writing on the wall" This phrase has the meaning that it is a prediction of a time of misfortune or doom coming. It has its origin in the old Testament Book of Daniel. I don't think any of us is predicting doom for our little AZH.Rather we could say,using a phrase Of Winston Churchill's we might be entering "the broad sunlit uplands"or in AZH's case the gold laden jungle .
AZH Price at posting:
48.5¢ Sentiment: LT Buy Disclosure: Held