I'd look into the likelihood of AZS developing
a new nickel province at Andover before you assume it's only likely to equal or less, other producers. Anns indicate AZS is currently
only scratching the surface of the potential.
But AZS is bigger than just Andover (which itself could become massive) isn't it?
It's got other projects on the go and one at Barton has a gold discovery.
Azure is planning drilling to test for bedrock-hosted gold mineralisation at Daisy Corner and several other prospective structural settings associated with major cross-cutting shears and fault zones. In particular, the Company will focus on areas interpreted to be extensions of gold mineralised zones recently drilled by other companies actively exploring nearby.
https://wcsecure.weblink.com.au/pdf/AZS/02522246.pdfWe also have continued exposure to silver and gold from the shares in the Canadian company going to list on the TSX.
Current volatility in financial markets may result in a rerating of PMs. Also there are further discoveries to be made in Mexico and we have 20% of that company currently.
I don't mind the comparison analysis it's all part of the mix, but it would be good also to take into account the bigger picture and weight likelihoods and what AZS is likely to mature into.
People do a lot of hand wringing about CRs, and understandably so given current volatility but if AZS handles this well, a JV or sale might result from developments at Barton with an injection of capital that way.
We also have a stable of other interests. Potential? Yes but not to be totally written off either. JIMO
