AZY 3.57% 2.9¢ antipa minerals limited

Drill to infinity & beyond! - The standard gold speccie...

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  1. 977 Posts.
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    Drill to infinity & beyond! - The standard gold speccie MO.

    Another one of my slow motion gold exploration train-wrecks

    Sadly, unless interest rates and inflation suddenly drops off a cliff or gold goes to US$5k/Oz, this company will do what >90% of other explorers do, and run out of backers and money. AZY will never take this to mine stage.

    I only 'invested' a few hundred $s here, in the hope that the resource would be sold off to the neighbours.

    Mining 1-5g/t of gold, hundreds of metres below ground, in a high input cost jurisdiction like Australia, is rarely viable, particularly for a small fry like AZY.

    Yes, I've got a sour taste in my mouth from NML and others!
 
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Last
2.9¢
Change
0.001(3.57%)
Mkt cap ! $139.8M
Open High Low Value Volume
2.8¢ 3.1¢ 2.8¢ $758.9K 25.97M

Buyers (Bids)

No. Vol. Price($)
7 1903000 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 2260813 4
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Last trade - 16.10pm 28/10/2024 (20 minute delay) ?
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