Australia's largest stock trading and investment forum Australia's #1 stock forum

AZS

0.00%

$3.69 azure minerals limited

Ann: High-Grade Results Continue From Andover Ni-Cu Deposit, page-116

First 116 Last

Share
Profile

Follow
gaucau

1,725 Posts.

536

23/03/22

10:07

Post #: 60360046
Share

Originally posted by nikunjsahani: ↑

Be fair to say AZS sits somewhere between Dolce’s blue sky & Mr long’s doomsday predictions (& that’s the reality for most of these forums where valuations get skewed to extremes).

MRE will tell the short term direction (be it finding a new floor or a ceiling) before other areas build on it.

Looking at the demand for nickel & bidding by FMG & BHP, if there’s even a remote chance of the eventual resource (not the mre as a base case) being decent enough to be a mine, it’ll be sold off to one of the WA majors that are already producing & hungry for more feed be it for nickel itself or for their ncm refinery plans moving forward.

till then it’s a punt, which is why ppl like us trade/invest/both in small caps for the higher risk/reward.

gold tenements, “should” they hit with a decent grade-volume, will also end up as part of a larger M&A as Tony has alluded to what his expectations are in that area with multiple smaller caps having ok resources but could combine for 1-2 large ones making them more feasible

Still confused weather we’re seeing distribution/accumulation in this 35-43 range for the best part of an year. I’m hoping it’s accumulation for a burst up north (hence my holding) but only time will tell is that chart (& the Fa) plays out or it’s a swing gone wrong.

Expand

There will be a mine at Andover.
Either Azure will mine it or we will be taken over by a major.
Nickel, Lithium, RRE are in high demand for the electrification revolution and will only go up in demand and price.
MRE must be close. I'm betting we get a good result

AZS Price at posting: 37.5¢ Sentiment: Buy Disclosure: Held
10 Upvote

0 Great analysis

Reply

Top Stories

IR1

IRIS Metals sniffs 75 metres of lithium in South Dakota, pushing share price up 9.99%

Bitcoin: Current State of Play & Where to Next | Swyftx

ORP

Orpheus delays drilling at South Australian play Frome, on traditional owner advice

Emerald & Azure score Digger & Dealer awards

LVH

Livehire sees share rocket 91% on takeover bid by Humanforce