I'm going to an Azumah presentation on Fri at the Gold Coast Resources showcase. So if I pick up anything of interest I'll post it.
StockAnalysis likes it. In his most recent comment (28 may) he makes the following points:
Buy below 20 cents.
Valuation of 32 cents (assuming $40/oz and 900,000 commercial ounces)
Opes overhang cleared
Lowly rated at the moment ($14/0z) due to 0.5 million ounces not being commercial at its location and $2 million in the bank
Resources are in a relatively remote area of Ghana - away from other gold mining areas but still with good access to power and transport infrastructure
Upgrade of resources expected in July. At the same time probably a capital raising (maybe 5 million) to fund feasibility
A matter of attaining critical mass (approx 1 million ounces) to attain rerating
You would imagine that with 560,000 ounces already and an upgrade in July that getting to around the million ounces mark is not too big an ask,
Cheers V
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