AZG 0.00% 3.6¢ allmine group limited

Enough with the heresay and guesswork:I work closely with AZG...

  1. 7 Posts.
    Enough with the heresay and guesswork:
    I work closely with AZG and speak to the CEO frequently. I have spoken to the CEO - Scott Walkem. I quizzed him on the market chat about a capital raise. He emphasized and reiterated that "as per previous guidance and forecasts there is no reason to undertake a capital raising."

    Others have been anxious about cash flow. AZG has delivered a platform from which excellent cash flow can be delivered. Cash flow is presently snug but manageable and is a problem solved by growing debtor book.

    The CIA deal was a happy coup as the vendor/new stakeholders were willing participants in a scrip position.

    If anyone wants to verify that the talk of cap raise is hot air - then please call the coy and ask for Scott.

    Disclosure:
    I hold a good chunk of AZG shares. I am a friend of the firm and I enjoy financial reward for providing marketing assistance. Nothing I have tabled here is outside that available in the public domain.
 
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