The cash available to AZS will fund exploration of Alacran for all of this year and maybe further. Meanwhile Rio/Kennecott continue with work on Promontorio. Azure now has a few possibilities, and looks very prospective. Of course this does not change the uncertainties of exploration, and its attendant probabilities of success. But the odds have now moved in Azure's favour.
Ann: Half Year Report and Accounts, page-10
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