What I find Azure often do (and to be fair, many microcaps do similar) is the hyping of market sensitive announcements. This morning’s was a classic, and their hand was forced to issue a clarification.
I question whether it was the ridiculous hyping on this forum, that caused Azure to issue the belated update.
Regardless, it paints a bleak picture.
Now to remind all:
AZURE INDICATED IN A NEW ANNOUNCEMENT THIS EVENING, THAT THERE MAY NOT BE ANY LITHIUM PRESENT IN TODAY’S DRILL RESULTS!!!
Assay results are needed to confirm, but I could tell from the MD’s tone this morning (in the initial announcement) that something wasn’t right.
One things for sure - there will be a bloodbath tomorrow.
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