AZH 0.00% 24.5¢ azimuth resources limited

fosters stockbroking, page-15

  1. 1,957 Posts.
    Surprising to see AZH down so far. I know AZH is not a producer but is intending to increase the number of ounces. Can anyone give an idea of what this gold discovery is worth as a 1200000 oz JORC resource. What would a company pay for this resource in the event of a takeover. Is there a simple calclation that exists.
 
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Currently unlisted public company.

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