AZH 0.00% 24.5¢ azimuth resources limited

happy days ahead , page-63

  1. 539 Posts.
    lightbulb Created with Sketch. 50
    Nothing to be too worried about, it's been a strong run of late and had to pull back sometime, healthy for it to consolidate before further news.

    It also hit pete's 1st target of 48.5c perfectly, i had my own target of around 45-50c, based on a 1-1.5mz oz resource and took glad i took some profits on Monday when it looked like it had topped out.

    Both the Argonaut and Blackswan reports are indicating at least a 1-1.5 mz oz maiden resource, which i believe will give a solid base case price around 45c. But given the consistently high grades produced from drilling, i am quietly hoping for something closer to 2m oz!

    Will be waiting on the sidelines for the price to settle before jumping back in
 
watchlist Created with Sketch. Add AZH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.