AZY 9.09% 1.2¢ antipa minerals limited

Ann: Commencement of Growth and Discovery Drilling, page-27

  1. 1,706 Posts.
    lightbulb Created with Sketch. 576

    Thanks for your insightful input, but do the maths dummy.

    The 2 other major gold projects in Australia, Havieron & DeGrey's Hemi has an assumed gold price that's substantially higher than AZY'S scoping study's gold price.

    Havieron's PFS has an US $1,850 oz gold price, converted into Aussie dollars today is $2,938 oz, which is $500 oz higher than AZY.

    Hemi's DFS released this month, has it's gold price at $2,700 Aussie dollars, which is $270 higher than AZY'S forecast gold price.

    Do the maths dummy, both those projects have half a $billion and hundreds of millions of dollars more value than AZY'S current scoping study, because AZY made a conservative forecast on it's assumed price of gold.

    The huge upside for AZY is real and will inevitably show itself.


    Last edited by Shines2: 15/10/23
 
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