Buying a beaten up stock with intrinsic value at multi year lows is just what I look for and with AZM's recent announcements stating a clear strategy fully funded there really isn't much standing in the way of AZM appreciating from these multi year lows now.
We know the gold is there, once they start moving that 2.1 million ounce resource to measured category and build up that ~600,000oz ore reserve as well as make new discoveries this will start to garner some serious institutional attention as has others in the region (CDV/WAF)
Of note are the good metallurgy characteristics at %92 recoveries, projected AISC and quite good grades.
Looking forward to the news flow!!
Buying a beaten up stock with intrinsic value at multi year lows...
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