I can't see AZY falling below $0.02 any time soon. It's had a couple of runs above $0.02 in the last 12 months and fell back to < $0.02 but it may now be a case of third time lucky.
Imo today's announcement represents sustained good news, not one offs. An extra $147k in the bank on top of great drill results, existing infrastructure nearby, RIO expertise and funding and an improving gold price bodes well for AZY.
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