AZY General Discussion, page-13

I also believe our current market cap is ridiculously low. I feel we should be somewhere between 8c - 12c currently, that wouldn’t be unreasonable IMO.

I think the main reason our SP is so low is due to the frequent capital raisings at bargain basement prices. We have issued a lot of cheap shares over the last few years and for that we are now paying the price.

I’m fairly certain that the AZY story will eventually become so compelling that the shackles will break at some point but it’s bloody frustrating for now.

I also feel that the only way we have a chance of extracting full value for our shares would be via a takeover. I originally bought in around a decade ago with the belief that Newcrest would eventually take us over, I’m even more confident now that it’s Newmont.

Our hovering $50m - $70m market cap just seems outrageous.