AZY 9.09% 1.2¢ antipa minerals limited

Ann: Minyari Dome Project Update, page-14

  1. 72 Posts.
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    Upto date management have been very reserved compared to many others in the exploration sector. Ofcourse there has to be some enthusiasm for any drill target otherwise what is the point of drilling it, and the available data has supported proposed targets. That said, this next lot of minyari drilling may very well confirm your opinion on management as if it doesn't come up as management has commented the only way they'll save face is if another target (Tetris) comes up trumps and steals the focus.

    As for the current SP, money has tightened up and it's hard to knock back dividends of 10%+ on top of 50%+ sp increase that other sectors have been offering when the alternative is to sit on a speculative exploration company with no revenue. I enjoy gambling but putting a tenner on a horse which isn't due to race for a couple of months isn't for everybody and the SP will inevitably fall as the money leaves until something exciting happens. Very few people are interested in feeding and training the horse but as with most race days when the punters hear "and their off", thats when the excitement begins (let's just hope the vet isn't called in to put her down)
 
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