AZY 8.70% 1.1¢ antipa minerals limited

based on my estimates, azy only needs about another min 600k...

  1. 56 Posts.
    lightbulb Created with Sketch. 45
    based on my estimates, azy only needs about another min 600k ounces of easy access gold at a grade about 1.8g and the updated scoping study would look quite appetising - might be doable with current cash balance. With a quick payback period a favourable equity/debt split can be achieved to fund the build costs. Only thing holding back the share price has been managements execution - went too early on the scoping study i think they may have not of factored in inflationary cost pressures. All can be excusable if they deliver over the next 3-4 months.
 
watchlist Created with Sketch. Add AZY (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
-0.001(8.70%)
Mkt cap ! $43.46M
Open High Low Value Volume
1.1¢ 1.2¢ 1.1¢ $139.6K 12.63M

Buyers (Bids)

No. Vol. Price($)
39 12376619 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 4632595 5
View Market Depth
Last trade - 15.56pm 26/06/2024 (20 minute delay) ?
AZY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.