A few have commented many times over on here on this topic and depth by itself is not the issue. But because the tenor (metals in 100% sulphides) is moderate, you really need either 1) what they have found and continue to find, i.e. smallish pods, to be close to the surface, lets say within the arbitrary 200m; 2) the resource to be much much larger, or 3) similar size deposits but an major increase in grade/massive sulphide thickness. This is exploration. Not many companies hit the jackpot with their first holes at their first prospect. Azure appear to have found a system that has the ability to produce a deposit, it's just needle in the haystack exploration and punters need to have patience.
Bas.
- Forums
- ASX - By Stock
- Ann: Highest Grade Nickel Intersection to Date From Ridgeline
A few have commented many times over on here on this topic and...
- There are more pages in this discussion • 147 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.69 |
Change
0.000(0.00%) |
Mkt cap ! $1.692B |
Open | High | Low | Value | Volume |
$3.69 | $3.70 | $3.69 | $8.006M | 2.168M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 24228466 | $3.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.70 | 1208297 | 17 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
|
|||||
Last
$3.70 |
  |
Change
0.000 ( 0.14 %) |
|||
Open | High | Low | Volume | ||
$3.70 | $3.70 | $3.69 | 315074 | ||
Last updated 15.59pm 02/05/2024 ? |
Featured News
AZS (ASX) Chart |
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online