just because a company reports headline grade numbers in its drilling results does not make it a racing cert that it will eventually be an economic proposition.
You don't need to be an expert to realise that grade per se is only a small part of the whole picture. As I've already posted, some of the world's best Cu mines had grades around 1%.
not there's anything wrong with high grades, bring them on, but what about the complete picture - strike lengths, true widths, ore volumes whatever, blah, blah, blah.... a lot of the pieces in this jigsaw are still in the box IMO.
yeah, it's a shame we're not in flambuoyant market times, we'd be looking at much higher prices, but you just have to accept those days are over for the time being.
if AZS does have a winner here it's not going anywhere and the sp will eventually reflect that.
AZS Price at posting:
4.8¢ Sentiment: None Disclosure: Held