Couple of undeniable truths. There is more economical gold and by-products on AZY tenure, how much is a piece of string question. De-watering always takes longer and costs more than budgeted and scheduled. WGX was going to de-water Big Bell in 12 months 10 or so years ago. Three years later they were still at it. The risk for Greatland is AZY resource growing fast, this seasons drill results will give some guidance with regards to geenfields sniffs or better. Drilling would suggest AZY has some degree of confidence they can expand the likes of Minyari, WACA and the other satellites in the area. We will all know a lot more once this seasons results are in, either way the odds are stacked in favour of the potential target not the suitor! Flexibility is the key and low ball won't cut the mustard, just look at the majors.
AZY Price at posting:
81.5¢ Sentiment: Hold Disclosure: Held
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