I know from wider reading from awhile back that Brent Hendrikson and Tony Rovira and the exploration team in AZS apply lateral thinking in their exploration.
AZS may well be about to achieve the transition to miner...possibly in it's own right. Using a bit of lateral thinking. Why not generate revenue now with use of so called trial mining?
How will this use up all the easily accessed high % mineralisation? Of course they're going to access the easiest and most lucrative first, that makes sense. But it's all easily accessed relatively speaking. Compared with San Javier, which has deeper minng and is where the plant is we're sending our ore for processing. Note further capacity at that plant may become available.
We have 7 offtake offers. SEVEN!
6 months delay on the FS to cut short term expenditure makes sense in that context and is a really irrelevant consideration in the wider context.
Then we hear from
@Mossberg that 10c is about to be challenged. We hear from you and
@parcs that this is trying to pump up the SP before a CR.
BUT the convertible note is to be voted on at the AGM.
The
price for that has been fixed already.
Once the money starts flowing then the market will react and any CR which will only happen if needed, will be easier.
Explain to me why going it alone instead of JV is less smart, and why all this is so much less likely than your scenarios. Thanks
