AZS 0.00% $3.69 azure minerals limited

Ann: Binding Transaction Implementation Deed with SQM, page-552

  1. 1,363 Posts.
    lightbulb Created with Sketch. 1977
    Hi Mack,

    From memory Josh's 134Mt model was TA1 only, so these hits will be on top, and as for grade my understanding is anything +1% is economic for a decision to mine.

    He probably needs assays for the latest holes.

    I previously said 35m was narrow (relatively speaking). BUT stretch it over 1km to a few hundred metres deep and that is stunning. Add multiple stacked high grade mineralised pegmatites running alongside, with the benefits for strip ratio, that's a bonus.

    BTW it was Josh who put the initial 35m hits into perspective with this post:

    https://hotcopper.com.au/data/attachments/5737/5737735-a76f1ff88eaf37a35f62585e2b7befa5.jpg

    I suppose this potential is somewhat priced in to a $4 SP, but imagine the market reaction if a junior explorer had announced these today. Cheers.

    GLTAH!

 
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