AZS RIO

Ann: Joint Venture with Rio Tinto, page-16

  1. Quanta
    11,703 Posts.
    lightbulb Created with Sketch. 1077
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    18/08/14
    11:29
    Post #: 13831868
    Very very good deal. Jumped onboard. $100million AUD deal

    Already $50million in the kitty for AZS based on expenditure and at 51:49 JV.

    Thats way more than the current market cap.

    Everything fully funded to search for copper too.
    RIO Price at posting: $65.26 Sentiment: None Disclosure: Not Held
    AZS Price at posting: 4.2¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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