AZM worth a look at
- MC 27mill, SOI 582 million. Macquarie holds 10%, management have skin in the game with retail holders holding 51%
Resource of 2.0Moz @ 1.5 g/t (66% measured+indicated), of which 0.65Moz is reserve @ 2.14 g/t. Currently undertaking further drilling and progressing discussion with potential finance partners to start the mine.
Looks underpriced given the advanced status of their project, large amount of reserve+measured+indicated resource and current general resource rally
Chart also looks like there might be a symmetrical triangle forming, which together with the upward direction of the chart likely marks a continuation pattern. Multiple upcoming value drivers on the horizon
