AZM has not drilled on their property but for that part which is right against the Adina deposit. They have no intent to genuinely explore the tenement.
They know they can't mine what they find there as its too deep.
They drip feed drill results out in hope that there is pressure on Winsome to come in and buy them out.
No doubt they have put an unreasonably price on the land, one which would distress Winsome in this current environment and put at risk the whole project.
This is entirely consistent with the history of AZM and their 'vision' for being a mining company that does not mine - they 'generate projects'. Seriously.
So for all your claims of we are all in it together, AZMs game is to extract as many dollars from Winsome as they can, to Winsome's detriment.
All's fair I guess, but its makes me chuckle when you say this is not a 'boxing match'.
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Open | High | Low | Value | Volume |
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1 | 3748 | 0.585 |
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5 | 25512 | 0.575 |
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