AZR aztec resources limited

take over, page-12

  1. haemitite
    822 Posts.
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    07/11/06
    21:15
    Post #: 1910941
    It extinguished a royalty stream that even a hostile acquirer put a $10M valuation on.

    So from a worst case perspective (MGX) the decision "cost" $7M. Given exploration upside from the AZR position (ramp-up and total tonnes) it was value adding.
    AZR Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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