AZY

8.33%

1.1¢ antipa minerals limited

Salary & Remuneration1. S. Power $ 581.5632. P. Buck $ 296.1653....

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hdopp

254 Posts.

52

01/06/23

13:46

Post #: 68079613
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Originally posted by candidcamera: ↑

Maybe there is hope for these targets but until something massive is discovered, it remains only that. Hope was enough to get AZY through ten years, but it's not a commodity the company can sell any more. Like teasing, hope is only good when you think there will be delivery on the expectation. After a while without delivery, people get tired of it and move on. The place they move to may not be as exciting, but pretty soon they realise it's better to have 2% of something rather than 100% of nothing.

Anyone who bought into and held AZY over the past two years knows only loss. Serious loss, up to 80%. A standard bank account would have delivered about 2%. Not much, but at least it's in the green. I think what we're seeing now is people who bought many years ago around 1c now saying "Enough!"

I like Mason. He comes across as very knowledgeable, restrained, serious and believable. He's streets ahead of Power as a front man. But I wouldn't regard his utterings as guidance or base an investment decision on them. I hope that a year from now people aren't going back to his optimistic comments in the same way that we now remember Power's.

I think AZY had it's "discovery moment" and great results in 2021 with Minyari East, then in 2022 with a huge increase to the Minyari MRE, together with expansion of the Rio JV spend at Citadel and plenty of other very good reports and results. But it wasn't good enough, and the market has made that clear ever since. It's for this reason I think any new discovery would have to be off the scale to make a difference. Possible, yes. Likely?

If I was thinking of AZY as an investment, I'd go for $10,000 at 1c to get 1m shares, put them in the bottom drawer and hope for the best. The upside is great if it has success like DEG. The downside isn’t soul- or wallet-destroying if it doesn't.

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Salary & Remuneration
1. S. Power $ 581.563
2. P. Buck $ 296.165
3. G. Johnson $ 296.165
4. R.Mason $1.001.825
5. M.Rodda $ 728.571
Total $2.904.289

Shares 1.3 cents

AZY Price at posting: 1.3¢ Sentiment: None Disclosure: Held
3 Upvote

3 Great analysis

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(20min delay)
Last 1.1¢		Change -0.001(8.33%)		Mkt cap ! $51.81M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$32.68K	2.984M

Buyers (Bids)

No.	Vol.	Price($)
45	18097675	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	1184253	3

View Market Depth

No.	Vol.	Price($)
42	17097675	0.010
29	11470566	0.009
13	6153590	0.008
4	2250000	0.007
3	2525000	0.006

Price($)	Vol.	No.
0.011	1183644	2
0.012	12478322	18
0.013	8467216	8
0.014	3785505	7
0.015	3917599	7

Last trade - 16.10pm 02/08/2024 (20 minute delay)

AZY (ASX) Chart

Salary & Remuneration1. S. Power $ 581.5632. P. Buck $ 296.1653....

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

GreenX picks up prospective copper project in Germany

Westgold sets its sights on top five producer status through merger with Karora

Venture to sniff out high-grade REE targets at Jupiter project, WA

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Is oil undervalued?

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Salary & Remuneration1. S. Power $ 581.5632. P. Buck $ 296.1653....

Top Stories

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

GreenX picks up prospective copper project in Germany

Westgold sets its sights on top five producer status through merger with Karora

Venture to sniff out high-grade REE targets at Jupiter project, WA

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Is oil undervalued?

Featured News

Buyers (Bids)

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Featured News