You should possibly try and do a bit a research for yourself...

You should possibly try and do a bit a research for yourself considering your disclosure says held.
If you did do some research you would discover that Ibaera capital is investing $17 mill in AZM over the next 2 years for a 47.5 % ownership stake in the company, considering the current market cap is only $19.5 mill that would indicate that AZM is substantially undervalued by the market.
That $17 mill is going to be used for an extensive drilling program and revised BFS after the resource upgrade, drilling started this week.