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$3.69 azure minerals limited

great post. If CE bows out now , irrespective of his...

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rickii78

1,221 Posts.

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27/12/23

13:23

Post #: 71627677
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Originally posted by Macklemore: ↑

Figure 1 WOWVeryJosh and Eastwest extrapolation of MRE estimates with Concentration when Avaiiible

@WowVeryJosh & @eastwest101

thank you for your efforts over the Christmas break. a 22/12/23 announcement should not get under the radar.
Figure 1 takes your last 6 months of workon Estimating MRE and Concentration and Linearly extrapolates to April 2024.

I agree with @WowVeryJosh . The current MRE estimate of 197.7 MT Lio2 and 8 rigs a spinning the 240 MT Exploration target will be exceeded by March 2023.
The concentration figures extrapolated suggest concentration will midpoint of Exploration Target at 1.22%.

If you look at figure 2 the series of takeover offers has not kept with the Relation of Mt to Price

Figure 2 average daily AZS price and WVJ and EW101 MT MRE extrapolation .

Infact if the Relation between MRE and AZS price holds overr time the AZS price is linearly extrapolated to $5.40 .

Min Geologists ( 13.6% AZS) would have been all over this i cant see Chris Ellison doing acquila resouces 2014. He is 10 years smarter.
CE is maintaining his optionality

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great post. If CE bows out now , irrespective of his relationship with Gina , his shareholders may question his entrepreneurial capabilities.

AZS Price at posting: $3.70 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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