On GGP'S 100% ground, the recent drilling at the Scallywag prospect, they were drilling deep between around 600-800m range, also there was around 300m of cover. Berenberg values GGP 100% ground which is ¹/¹² the size of AZY total tenement size, @ over half $billion dollars.
But does Berenberg take into account in their valuation how deep a deposit may be, and how many years it'll take to develop & mine it?...Let alone even finding a deposit, how many years that might take?
If Berenberg valued AZY, surely it'd be more valuable than GGP'S 100% ground valuation. We already have multiple jorc compliant deposits with multiple millions of gold Oz's at profitable grades, that is not under half Km of cover, and is just about ready to dug up out the ground
I think we need Berenberg to have a look at AZY, and bring our price up
By the way, I'm not downramping GGP. Well done to all their holders, and good luck for the future. GGP'S success & achievements is the kind of story that brings excitement to mining, big business, and to the region
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