the problem with AZS announcements is that the structural context in which these results have been obtained appears to be lacking. I'm no geologist but the Promontorio reports sum up to a dog's breakfast to me, and then Cascada - is it part of Promontorio? a separate structure? what is it exactly?
someone referred, inevitably, to SFR recently. Well, right from the off back in 2009 SFR could report that its drilling program was associated with a "volcanic sequence 2kms wide and 22kms long" no doubt in the market's mind what that could lead to and it was suitably rewarded.
so far, AZS is absolutely nothing like that. It might turn out that recent announcements amount to no more than an interesting set of drilling results leading to.... not much?
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