AZS 0.00% $3.69 azure minerals limited

Stage 3 : "... Azure does not contribute until Rio has spent...

  1. 450 Posts.
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    Stage 3 : "... Azure does not contribute until Rio has spent US$245m"

    Didnt see that figure before...
    Seems to be an additional amount of expenditure on Rios behalf... What would this be set aside for apart from the $45 m exploration expenditure..
    My feel is that they already know what the plan is if they are bouncing figures like this around and putting pen to paper on it..
    Whats 20 % worth to a major looking at acquiring a good asset../ ~800m shares..
    I wonder where this stock is poised to go from here?
 
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