AZS 0.00% $3.69 azure minerals limited

With respect to New World Metals Preso: Tony said "I can't tell...

  1. 56 Posts.
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    With respect to New World Metals Preso: Tony said "I can't tell you about the specific results from TA2 area but we wouldn't be drilling it with three rigs if we were not encouraged by what we are seeing there..... I'd better leave it at that."

    Key points for me:
    - He spoke with a confident message of continuity, thickness & infrastructure.. Emphasized the world class resource potential that is min case being top 10 and a top 5 in the upper end of the range.
    - TA1 resource drilling continuing to end in September
    - 3 rigs drilling TA2 now and set to continue non-stop 2024.
    - Q1 resource estimate, with additional resource updates 2024 as they continue to drill TA2 and TA3.

    I can't imagine they will release a maiden less than their guidance... the leapfrog modelling i have done gives me confidence that this will be exceeded without much additional drilling.
 
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