Nothing much new in the presentation, hopefully they'll be able to drum up some interest in the roadshow. Key events are the mineral resource upgrade this quarter and reserve upgrade next quarter. Reckon they'd be able to significantly upgrade the reserve by just increasing the gold price from $1300 to $1600. They're targeting an extra 2 years production which would be another 140,000oz added to the reserve, which would significantly improve the NPV.
AZM Price at posting:
13.0¢ Sentiment: None Disclosure: Held