AZY 10.0% 2.2¢ antipa minerals limited

Ann: Expanded Phase 2 CY2023 Drilling Programme at Minyari Dome, page-18

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  1. 8,047 Posts.
    lightbulb Created with Sketch. 649
    A very important question is - as it would occur to me, is the gold and other resource we have indicated already to now, worth anything to anyone else in the region if Antipa adds nothing of major consequence to it??? .... Current MC is circa $50m. If so, then at least "we'll get our money back" from around these levels, providing gold maintains a similar-ish price level to current. If so, downside risk would be little to nothing from here, with significant upside potential, The old asymmetric buy trick.

    Gold might be bumpy for a month or two or three, but medium/long term it looks good we're all told )) ... From today we've paid $50m to play the game with already some asset value established. Good bet(?), given the Paterson Province hype and history??? Would've thought so.
    Last edited by Kipper01: 08/09/23
 
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