AZI 3.03% 3.4¢ altamin limited

Ann: Scoping Study Presentation, page-13

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  1. 1,503 Posts.
    lightbulb Created with Sketch. 578
    Yeah agree 100%, however until the JORC resource is updated the DFS will never show this upside. But 100% agree with you here, and believe a great risk / reward play given low market cap, potential significant upside in resource and already current US$200M NPV... This next 12mnths is going to be a great period.

    @dlaurent I don't know what your experience is, but a DFS is the tool to unlock development funds - they'll be engaging with engineering houses and actually completing detailed engineering, the precursor to actual execution of the project... No one will fund this thing into production without a JORC compliant resource AND a definitive or bankable feasibility study, they have one of these things already...
 
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