AZS will likely again run on pending assays, they are aggresively drilling the s^%t out of a few zones where the hits have it currently around 100MT according to some geos on the thread. Clearly it's the next cab off the rank and I took some profits off too early. Having said that...I could always inject more here given the potential.
Very early days but upside is huge. The depth at AZS is at least 350m...that kind of tonnage adds up quick. They will run into RDN's tenements soon enough. I can see AZS doubling from raise price once the CR money is washed through and more assays are reported. Creasy backed it at 2.40 on top of his current holding which was super cheap and substantial.
A brief recap of whats been previously announced here:
Arrow
Hit spod here - 100% owned
I didnt know they had already drilled some hits at Arrow...while I think the newly acquired tenements flanking AZS may be more lucrative, Mallina could still deliver some substantial tonnage if there is width and depth
Andover South
Best chip at 2.2% close to AZS tenament (80% owned)
Mt Scholl MRE at 24.6MT MRE Ni Cu PGE
The raise price should hold up...will be watching closely over the coming days to add more. There appears to be some nice soaking going on.
272 odd mill isn't a lot of dilution. Well within the 15% 7.1 ruling limit and being put to good use.
To my knowledge, E474063 / E473849 and original tenement E474603 have not even been mapped? Correct me if I am wrong.
GLTAH
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