AZM
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0.00% 3.2¢ azumah resources limited

note on gold from global sprott team, page-6

  1. gsmi086
    742 Posts.
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    13/09/13
    14:03
    Post #: 12325564
    Hello RiskNinja,

    I think the market has priced the risk/probability that the project will go ahead fairly well. If the revised NPV demonstrated things were economic, and they were to secure funding, I agree there would be a massive correction. But what's the likelihood of that happening (funding)? Limited downside is frankly unlimited if the project cant get the cash.
    AZM Price at posting: 3.7¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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