First off props to what seems a great thread community here. I've been trawling the wealth of information posted over the last couple days and had a few points to raise.
To me it seems AZY have two objectives:
1. Continue drilling and exploration in the 'hail mary sandfire' hope of finding a tier 1 resource. To achieve this we obviously need to be getting some assay results. Could anyone share any insight on when assays from the recent AEM project could be expected? I can't seem to find any information surrounding drilling timeline deliverables.
2. Continuing growing their resource base in the hope of looking attractive enough that an established miner will JV or TO their tenements because they can open pit mine lower grade AU//CU resources at much lower cost. This options seems much more likely to play out if RIO's Winu deposit comes through as a genuine tier 1 asset. AZY already have the partnership so I don't think it'd be too much of a stretch for RIO to step in especially if they'll be establishing long term resources and infrastructure in the Paterson region for years to come.
Is this a fair assessment on where you guys see the future or am I missing something completely?
Cheers
- Forums
- ASX - By Stock
- AZY
- AZY future objective
AZY future objective
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZY (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.5¢ |
Change
0.002(8.70%) |
Mkt cap ! $119.2M |
Open | High | Low | Value | Volume |
2.4¢ | 2.6¢ | 2.3¢ | $408.9K | 16.68M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 581192 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 2978125 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 581192 | 0.025 |
5 | 624926 | 0.024 |
1 | 250000 | 0.023 |
5 | 2138206 | 0.022 |
6 | 1990015 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 2394989 | 11 |
0.027 | 4357091 | 12 |
0.028 | 2647123 | 9 |
0.029 | 3548725 | 7 |
0.030 | 7252710 | 9 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
AZY (ASX) Chart |