AZM 0.00% 3.2¢ azumah resources limited

What is wrong with the share price?, page-4

  1. 2,958 Posts.
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    DD,
    Its always a long hard slog with explorers tying to firm up a resource. And sp fluctuations along the way have us all questioning what to believe and what not to.
    Like yourself and a small few here we've held the torch for AZM for some time....and with the introduction of Ibaera we all hoped we'd see some sp appreciation as the results flowed. Hasn't happened yet and the market hasn't taken any notice.I'm not sure what will light the fire under this and get it moving. Ibaera still has a large chunk of the $17m to spend (so hopefully the resource will continue to grow) and I agree with the theory they'll try to realise their money spent and more at the end by promoting a sale to a bigger fish to actually finance the construction. But that's all guess work.

    If your patience has run out, fully understand, and don't blame anyone for chasing returns in greener fields. For th erest of us.....we wait.

    Maybe email Steve Stone. I've found him very receptive in the past to give his view.
 
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