I think this has taken the market by surprise and in the next few days I expect there will be a lot of broker and insto interest in this
especially given its location in West Africa and the fact that Ampella is right next door and trading at a big premium to AZM in what looks to be a similar resource and style of deposit.
Also, have you noticed that Ampella is off over 10% today - I'm thinking there are a few players switching out of AMX and into AZM.
Still looks very cheap to me/
Ampellas MC is 187m and AZM's is 67m based on current prices. you don't have be einstein here.
DYOR
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