AZM azumah resources limited

And it is crunching AZM's share price. June can not go fast...

  1. 11,154 Posts.
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    And it is crunching AZM's share price.

    June can not go fast enough for AZM.

    They should hold off their positive announcements until July when they would be the most effective in boosting the share price.

    Hopefully the goldie market will start a run in the second half of 2012 to move AZM back up again as it produces a string of announcements on its reserve/resource and DFS.

    If things do not pick up in the second half of 2012 then they need to negotiate a merger/takeover at the best price possible for shareholders. RSG, EVR and PRU could be interested. Shareholders could then benefit from a merger as the cashed up company will have the funds to develop and further explore AZM's tenements.

    Those are my thoughts at this stage.

    However, if GFC2 comes along then AZM should simply halt all activities to conserve cash.

    loki
 
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