AZS 0.00% $3.69 azure minerals limited

Andover is at such an early stage of exploration it is very hard...

  1. 5,622 Posts.
    lightbulb Created with Sketch. 2294
    Andover is at such an early stage of exploration it is very hard to put a value on the deposit.

    The Money of Mines comments in yesterdays podcast noted it is very unusual for a takeover bid at such an early stage of exploration - They are right and SQM know Andover is going to be too 3 maybe even the biggest eventually, and sense a real bargain at current prices (assuming it is SQM) even if they have increase the bid to $3.50.

    I believe we will have a clearer view of the value by the end of 2023 with results from TA3 and more from TA1. That view of Andovers value will be even clearer when the maidan MRE is released and that will just be the start of bigger resource estaimtes during 2024 and 2024.

    Personally I am not selling at any price under $5.
 
watchlist Created with Sketch. Add AZS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.