Ann: Exploration Underway at Andover Nickel Project, page-9

First 9 Last

Share
Profile

Follow
Peregrine

264 Posts.

13

31/08/20

16:31

Post #: 46960061
Share

Originally posted by wcq: ↑

So you think we´re having a bad exploration company looking at AZS?
Success is relative. For me as an investor I see success in an exploration company by it´s shareprice.
The trend of the AZS shareprice over the years is horrible.
We had many projects, nice presentations, some really good drilling results BUT never any reward for
shareholders.
AZS management had the opportunity to focus on Alacran but they had to waiste shareholder money
on projects like Oposura first promising successfull production there and then predicting the ore sale
and cashflow that never came.In my world if you predict to do something DO IT. If you cant you better
have a really good reason and explain. Tony dont.
So you said Mark Creasy is very supportive? I dont call it support when you sell a project to somebody
else. I call that a good deal for him. Especially after he tried there himself and didnt accomplish enough
to proceed. So he got rid of that burden and got a little cash.
Regarding Mexico:
As I wrote here before the Corona lockdown for mining is over. Most other miners there
already restarted weeks ago but AZS cant.
Even if they couldnt work there physically they got all the info to do a DFS back in Australia in the office.
Tony always said the silver there is easily mineable, so now is the time. Maybe you should tell Tony
that silver´s hot these days. He´s the pusher, now´s the time!

Regarding the Germans. They´re in not for shareprice appreciation. You´ll see they´ll get favourable
contracts when it comes to financing a mine or hedging production. This will screw the average
investor again and give them a nice ROI. But thats future insight from my crystal ball...

Expand

sold him 6 dogs for a gift horse

AZS Price at posting: 17.0¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

Tuesday's HotCopper trends: Sayona intercepts, Bowen Coking crisis | July 15

CC9

Chariot to acquire majority stake in Nigerian lithium portfolio

LKY

Locksley Resources the latest speccy to surge on US critical minerals hype

AII

Inside the depths of Panasqueira: A legacy carved in rock

First 9 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Ann: Exploration Underway at Andover Nickel Project, page-9

Top Stories

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

Tuesday's HotCopper trends: Sayona intercepts, Bowen Coking crisis | July 15

Chariot to acquire majority stake in Nigerian lithium portfolio

Locksley Resources the latest speccy to surge on US critical minerals hype

Inside the depths of Panasqueira: A legacy carved in rock

Featured News