The insurance Antipa has should these these new targets be deemed dusters is the fact that we already have enough proven up within the Minyari dome to justify a standalone operation and the likelyhood of extension drilling there coming up empty would have to be extremely remote.
We are sitting on large cash reserves and with the options firmly in the money funds should continue to trickle in on a weekly basis so money is of no concern currently IMO.
Now if the gold price gets whacked down and stays down that will obviously have an impact however the odds of that happening any time soon are also unlikely.
There is alot to be cautiously optimistic about and this as about as good a punt as you will see on the ASX IMO.
I’ve been Antipa for over a decade in anticipation of exactly this!
AZY Price at posting:
53.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)