I think Tony has been very clever with this project. Go for something spectacular that will require billions of development capital and the company will be swallowed. A joint venture project with a major and again the small company is overwhelmed. He has chosen a project that is modest in size that is reasonably advanced and is relatively low cost to bring close to development. Eventually extra help may be needed. Azure have modest capital available and that may be sufficient to enable the company to progress the project before outside capital is needed. Within six months or less this project could be very advanced.
Also because of the area chosen there is always an additional copper/gold/silver potential.
AZS Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held