AZS 0.00% $3.69 azure minerals limited

Dead in the water?, page-99

  1. 1,475 Posts.
    lightbulb Created with Sketch. 2197
    Hi Dolce,

    There are 2 issues at play here:

    (1) Release of results in the normal course (irrespective of the SQM offer) - this hasn't happened for TA1 - you don't drill 40 holes if they're dusters.

    (2) The adequacy and completeness of the expert's report and upon which the valuation is made - if the months of TA1 drilling is not included, surely you agree the valuation is defective because it does not include info material to the valuation ie the true potential size of the resource.

    See Valmin Code:

    https://hotcopper.com.au/data/attachments/5818/5818728-78e82623d83ff700ffbcc2e152877043.jpg


    https://hotcopper.com.au/data/attachments/5818/5818653-ee751b4dfbba22cab88efdcb2fe629da.jpg
    https://www.accc.gov.au/system/files/public-registers/documents/D04%2B43443.pdf

    If it is in the report (as of 5 Dec), why hasn't it been announced before now?

    Further, it will be open to anyone to raise concerns with the Booklet (as of 27 Dec) with ASIC, personally I've been complaining about the absence of TA1 results for weeks if not months, and ASIC:

    https://hotcopper.com.au/data/attachments/5818/5818606-0859f780fb7b349585454ef9bbcb4f75.jpg

    https://download.asic.gov.au/media/5827832/rg111-published-22-october-2020.pdf

    Surely timely and complete results would have avoided all this angst and speculation and the possibility of a sh!tfight when the Booklet is released.

    To be clear I'm not referring to TA3, although the assays of all those significant intersections are also way overdue.

    GLTAH!

 
watchlist Created with Sketch. Add AZS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.