AZH azimuth resources limited

question, page-4

  1. 63,688 Posts.
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    Tillydog, I don't know if the market sees Argentina sovereign risk as an issue but clearly the boards of TRY & AZH do not.

    AZH would not be recommending the TRY TO if they though the risk is real, note the chairman Micheal Hunt is a expert on international mining law.

    Paul Benson was quized on the issue recently and stated they would build another mine there tommorow if they found somthing like casposo.

    Gold price is down 10% from 6mths ago, but only 3.4% down from a year ago. Hardly significant for a low cost producer like TRY.

    Nice little lift in the SP this morning
 
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