AZY 7.41% 2.5¢ antipa minerals limited

assays out !!, page-53

  1. 188 Posts.
    That is a large footprint indeed, but isn't that exactly what it is? It is the size of the magnetic anomaly described by the company and so far all holes into that magnetic anomaly are mineralised. Mineralisation is even intercepted outside this anomaly, so isn't it than resonable to assume this entire anomaly is mineralised? The grades are pretty consistend so far and I truely believe the best are yet to come. Going by the results so far, I actually think your gold grades are not that far off, definately achievable in my view, but agree that the copper grade is way to high, will be half that at best.

    Cash wise they had 2,283 million at the end of last quarter and with estimated cash outflows for next quarter of 0.710 million leaves them with about 1.5million. They definately need cash in the not so far future, but it is enough to sniff around for a good deal.

    I can be totally wrong (wouldn't be the first time), but this is how I look at it.

    Only time will tell.

    Roel
 
watchlist Created with Sketch. Add AZY (ASX) to my watchlist
(20min delay)
Last
2.5¢
Change
-0.002(7.41%)
Mkt cap ! $120.5M
Open High Low Value Volume
2.7¢ 2.7¢ 2.4¢ $760.2K 29.74M

Buyers (Bids)

No. Vol. Price($)
16 5982116 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 5208462 1
View Market Depth
Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
AZY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.