My broker this morning has suggested the look though valuation of Azure’s Andover deposit is now ~$3 billion (based on AZR trading yesterday)
WildCat is also shaping up to be of similar geology and huge, but Tabba Tabba could be developed years before Andover because of ML status
if we are comparing apples with apples, it’s hard then not to think WildCat may be worth $2 -$3 to a corporate in a hurry
Placement stock to be issued in coming days could be the catalyst to some more action
A WildCat look thru valuation based on Azure
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