GREY:ALXDF - Post by User
Comment by
goldhunter11on Feb 22, 2018 6:25pm
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Post# 27605723
RE:Two Questions for goldhunter
RE:Two Questions for goldhunterNP,
I need to get away from the computer to put dinner on the table (or trouble). Will get back to you with your question.
Question 2: Wim and Hudvam. From the big picture point of view, we can just forget abut the rest of the non-core property. Wim could get more money than Hudvam, but you would need to find willing dance partners. I have been pushing AZX to sell those orphan property for cash to avoid dilution via the equity financing route, but Vorvis has not done her job. I need to look at them to have an estimate to do them justice. For sure, they could rake in double digit in $M. Rumour says at one time there was an offer, but EO refused to sell (not enough?).
Will get back to you.
GH
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NextPhase wrote: Hey GH,
I have a couple of questions that you might be able to answer.
- What are you predicting for the size of the resource area to be (tonnes of material) for the upcoming resource estimate?
- How much cash do you think AZX could raise for each non-core property: WIM, Hudvam, and other less developed projects? This could be a way that AZX could bring in new cash to either fund the 2018 drill program or build an even bigger combined stash of cash in a deal with Probe Metals.
I appreciate your help in answering these questions.
NP