Unless something spectacular is revealed in the outstanding drilling, I am inclined to believe that it is unlikely Teck will exercise its 'back in right' over the Alacran mineral deposits. As someone has suggested, Teck could retain some interest in any copper, but leave the silver and gold to Azure. The Mesa de Plata silver deposit is very attractive for Azure as is Loma Bonita, but not of the size and significance that is likely to attract the interest of Teck. If this is the case, there should be a significant re-rating of Azure before Christmas.
- Forums
- ASX - By Stock
- AZS
- Ann: Azure Reaches Alacran Expenditure Milestone-AZS.AX
Ann: Azure Reaches Alacran Expenditure Milestone-AZS.AX, page-16
-
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online