Ann: Minyari Dome Project Update, page-64

If we include the drilling done @ Minyari Dome since the upgrade 1 year ago, and the current drilling, it's probable that AZY'S 2.6Moz can reach 3Moz gold. And in terms of gold equivalence, potentially 4Moz gold eq at good grades.


Another factor that has AZY with an advantage over MGV, is the massive 5,100 km² of prime landholdings in the Paterson. And evidence of the super importance of this is shown by RIO, when their boots on ground at Winu first discovery combined all their credit cards and pegged some more land immediately before any other company caught wind of the discovery. Also with GGP'S Shaun saying last week that they now have the best land in the Paterson, even though majority of it is deep and further distance from Telfer.


AZY is truly undervalued, and there's so much M&A happening in the sector where smaller companies with less than half the resources of AZY are getting bought out for 2X, 3X, 4X etc than AZY'S current MC. And this includes smaller companies in dangerous jurisdictions in Africa.