AZS 0.00% $3.69 azure minerals limited

Ann: High Grade Lithium at Andover, page-88

  1. 1,417 Posts.
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    Son of Gwalia makes a fascinating point, except hype is a given when it comes to Azure. One should expect the unexpected - except to the downside.

    The 19.9% stake has been acquired at close to a 12 month low share price, and 95% off the initial float price.

    If you truly believe in the lithium potential of Azure (notwithstanding the fact they’ve not drilled a single hole yet in this search) then you should be furious with management for selling a chunk of your company away for a rock bottom price.

    Nothing to gloat about.

    A lot to be horrified about really.
 
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