Ann: Azure to Acquire Advanced Alacran Copper Project, page-135

Haplo

Agree Haplo, and as we know, traders pick the eyes out of informed discussion, look at broker reports, their charts and take positions. I'm guessing that AZS has seen the SP lowest, but I don't mind if it hasn't. (This kind of attitude drives traders nuts, they want our exit prices).

Just a thought but another Cu explorer I hold has suddenly become liquid with sale of a major asset in Finland of around $95 mil. The price was set in euros and valuation fixed at previous price of Cu.

They are giving about half of this back to shareholders in the form of special dividend, (long story why but Xstrata abandoned an option just after Xstrata merger with Glencore and Xstrata made sudden strategic reversals, and LT shareholders of this company suffered...) but with the rest of the cash they will have to develop their own mine at Roseby which might not be a sole venture, but a JV &/or or gain an interest in other mines. The reason this is a heads up is that AZS has at least one senior personnel previously employed by this mob, I found this out through a friend who went to a preso in Sydney and he holds the other company as well. I'd say they are aware of this move.

The point is, this is just one cashed up possibility for a JV or to finance exploration which is familiar with AZS and another reason why AZS will not be likely to suffer more dilution.

I should try to find your email addy... but I have had final exams for a higher degree in the last week and HC discussion is a bit of a blur...lol!