Nothing to be too worried about, it's been a strong run of late and had to pull back sometime, healthy for it to consolidate before further news.
It also hit pete's 1st target of 48.5c perfectly, i had my own target of around 45-50c, based on a 1-1.5mz oz resource and took glad i took some profits on Monday when it looked like it had topped out.
Both the Argonaut and Blackswan reports are indicating at least a 1-1.5 mz oz maiden resource, which i believe will give a solid base case price around 45c. But given the consistently high grades produced from drilling, i am quietly hoping for something closer to 2m oz!
Will be waiting on the sidelines for the price to settle before jumping back in
AZH Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held
