AZM
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0.00% 3.2¢ azumah resources limited

Well, it hasn't actually moved through 30c, but it's a good...

  1. Spotted Drummer Girl
    447 Posts.
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    30/11/09
    10:56
    Post #: 5980128
    Well, it hasn't actually moved through 30c, but it's a good morning.

    Can you tell us what aspect of the market is saying mid 30's short term?

    Mid 30's (35)puts this on an EV to oz au ratio of about $64 an ounce.

    AZM only recently claimed the average EV to oz au ratio was $30.

    So, they are double the average right now according to them.

    SDG

    AZM Price at posting: 30.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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