AZM 0.00% 3.2¢ azumah resources limited

They are adding another $50m with the capital raising, but it...

  1. 447 Posts.
    They are adding another $50m with the capital raising, but it puts a base on them. Have enough cash now to get through another 2 years of drilling to get to maybe BFS stage. They need to define 1m oz au under 100m I reckon to gather some more interest. With the Julia prospect included, (previously had 300K oz au) plus adding in crimental ounces from the other deposits, they are certain to get there. The second most undervalued gold stock on oz to mc after MAT probably. SDG
 
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Currently unlisted public company.

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