best value gold stock on the market

IMO this is the best value gold stock on the ASX. I also find it surprising that there are not more posts on the AZM thread.

Read below and DYOR.

With an enterprise value of just A$14 per resource ounce based solely on its JORC-compliant resource of over 516,000 ounces of gold at the Kunche prospect, Azumah is fundamentally and comparatively undervalued against its West African peers - especially given the new discovery at Bepkong has not yet been factored in,” Mr Stephen Stone said.
“Shareholders can expect a steady news flow over the next few months as the Company commences two more drilling campaigns ahead of a planned resource update in July and the completion of metallurgical test work.”
“Our recent drilling campaigns have provided an excellent return on expenditure and we are optimistic that this success will be repeated in the next programmes,” Mr Stone commented.
Contact:
Executive Chairman - Stephen Stone
Tel: +61 (0)418 804564
[email protected]
Issued Capital:
81.00M ord shares
16.25M unlisted options
Directors & Management:
Executive Chairman:
Stephen Stone
Non-Executive Directors:
Joe Ariti
Michael Ivey
General Manager:
Bernard Aylward
Company Secretary:
Dennis Wilkins
Wa-Lawra Project:
• Targeting initial 1,000,000oz gold resource to underpin open cut mining operation scoping study
• 516,000oz gold resource at Kunche
• 100%-owned 2,800km2 licence area
• 100km strike length of prospective Birimian greenstone belt
• Increasing pipeline of prospects
• New management team of successful explorers
Contact:
Stephen Stone
Mb: +61 (0) 418 804 564
[email protected]
Suite 1, 2 Richardson Street West Perth WA 6005 Tel: +61 (0)8 9486 7911
Fax: +61 (0)8 9481 4417
E [email protected]
W www.azumahresources.com.au