Ann: Drilling Restarts at Andover Nickel-Copper Project, page-107

From a technical standpoint, $1 is a long shot but certainly possible based on the weekly Bollinger Band ceiling. Positive drilling news must obviously arrive first.



Noteworthy on this chart is the weekly MA(20) which has held as solid support since June 2020, and is currently at 51 cents. You will notice the red candlesticks on the rightmost of this chart (representing lower closes for the week) were unable to break the MA(20) support line.

If Azure can close above 51 cents this week, it would further signal a technical rebound is on the cards.