Ann: Major Mineral Resource Upgrade at Gorno, page-15

I agree but with one caveat; today’s ann has made a few sit up and take a fresh look. There will be some profit taking but as I Sadi earlier today if the June Update confirms next steps such as mining licence renewal, DFS start, and other steps to moving towards production then AZI could gain some fresh interest and a rerate. A jump into the teens would be great & lift MC to just under $50m.

At some point GH will want a CR and for our sakes the higher the SP the less dilution will be. I like your 50c target, not sure how we will get there but suspect the BODs have a cunning plan to boost SP over 6-18mths. Hopefully they will get there for you.