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$3.69 azure minerals limited

so why does Creasy not sell his 40% stake in the JV and move on...

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KaMei

297 Posts.

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26/10/23

17:22

Post #: 70559603
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Originally posted by Gainzmaster5000: ↑

Why? are you willing to take on all the risk for CHANCE you will 100-200% your money at $3.50, in 3-4 years? take the offer and move on.

the opportunity cost for tying up your capital holding azure fire that long for a further 1-2x is not worth it.

that is in a scenario you don't see capex blow outs, net risk, resource disappointment or commodity price affecting the SP negatively (which is unavoidable) to think everything listed above will not impact SP negatively is naive.

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so why does Creasy not sell his 40% stake in the JV and move on ? He knows whats in the ground and will not let it go for 3.50 $ ...

AZS Price at posting: $3.49 Sentiment: None Disclosure: Held
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