After looking at the secions in the AGM presentation I reckon that the JORC resource at Andover VC-7 will easy be around one billion dollars worth of metal in the ground. Taking into account Azure´s ownership of 60% of Andover, AZS cash on hand, and the value of the Mexican assets the AZS market cap should be higher by around 10%. Any new drill hits on the other targets at Andover could make the SP go a lot higher. The same goes for Barton.
AZS Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held