This is a lazy company, with a lazy board, what a ignorant comment.
Why don’t you go and read the last quarterly cash flow report, if you know how to ?
Last quarter Administration and staff expenditure 667k, Exploration expenditure 4.179m, lazy companies don’t spend SFA on exploration, they spend it on themselves.
Roughly 7 times more spent on exploration, than administration and staff, thats not the sign of a lazy company IMHO.
Before buying shares in any spec company, the first thing I look at is the quarterly cash flow reports, and if I find that they spend as much on themselves as what they are meant to be spending it on, then I look no further.
Exploration companies can’t find what they are looking for unless they spend money and look for it, thats how you find it.
I bought into AZY this week because to me they are spending the money on what they are meant to be spending it on, they are actively exploring, and they have reasonable cash reserves, the exact opposite to what I would call a lazy company.
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