brisbane mining conference

Our CEO Stephen Stone gave a very informative talk in Brisbane this afternoon. The frustrating delays in Lab results in Africa was mentioned and the possibilty of future "in house" facilities to overcome this. The way in which he presented to the forum was positive and confident with clear direction of long term objectives for Azumah and shareholders. After some investigation, i also determined the $1 million dollar remuneration package for our CEO is "hogwash". Any performance options are not to be converted until production occurs and performance targets are met. Management was disappointed with share price performance, although they felt confident a market rerating and fair recognition will occur in coming months. An interesting example at the forum/presentation was a comparative value of AZM verses GRY. If an identical ESV on both miners would place AZM at a $1.00. I also hold GRY shares. I found Stephen and staff very approachable and it was clearly stated they would always make themselves available to respond to shareholder questions or concerns at any time.