AZH azimuth resources limited

end of the rainbow., page-3

  1. 20,457 Posts.
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    Been watching this go from strength to strength, spectacular rerating but I still cant work out why a $200mil cap without a jorc especially when compared to other advanced gold stocks with a 1mil+ resource already, most research reports are expecting 1mil oz 2-3g/t, market seems to be pricing in atleast 1.5mil oz 2-3g/t, on the upside AZH seems to have strong broker/insto support which alot of gold stocks are lacking atm, will be interesting what number AZH comes up with if its closer to 1mil oz market will be disapointed imo, if its 1.5miloz market will be happy & will start looking ahead at a target of 2mil+ resource, at current sp have to be realistic need a solid resource announcement to justify current sp/market cap
 
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