Ann: Large Gold Target Identified Close to Minyari, page-30

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Kipper01

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28/03/24

22:28

Post #: 73113464
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Originally posted by Kipper01 ↑

By chance I actually rang Antipa yesterday and had a long chat ... Needless to say I was not aware of an announcement coming today, nor any results. However, following my conversation I determined that I would buy more today by hook or by crook. As it happened, a crappy set of drill figures was timely helping me buy at 1.2 instead of the 1.3 I was planning. Not results I wanted or expected, but accepted as part and parcel of the drilling and exploration deal.
.... The response today (of shareholders) is very predictable, but I am taking a longer term view here. As I write this gold is trading at US$2,212 and within 6-12 months could very well be US$2,500 to $3,000. Additionally, what AZY's resource estimate comes in at around mid year, who knows.
But this drilling of late is significantly financed by AZY partners anyway - aside from Minyari Dome ... We have 11,000 metres of drilling for Phase 1 Minyari for 2024, which is covered/budgeted for, that is about to start probably within the week(?) ... we'll hear soon enough ... and is expected to be completed by the end June.

Parklands action plan is being discussed between parties.

AZY's MC was $150m 3 years ago and today it's $50m. Back then A$ gold was 2,500 ... now it's 3,400.

The chart looks crappy and they say the "trend is your friend". Paladin's chart must have looked pretty crappy too once, when it was 1c ... then it went to $10 .... ha ha ha ..

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I kinda think this could be a good time to get IN ... not out.

AZY Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
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