RE:RE:RE:RE:AZM stock price forecastI think you have to follow the drill so if Pikwa generates great results then we have to follow those up and raising money to do that shouldn't be a problem.
Unfortunately I don't think some of these deals were very well structured in the first place and Pikwa is one of those but if the project holds together then the faster we can get to a 50/50 JV the better. I don't really understand these Gov. deals, where do they fit in if a project works out, do they take them to production, sell off their 50 % pre production, solicit a takeover of the whole project for cash ?
Weird.
Anyway we should get results from Pikwa soon and at least we have a drilling program coming up within weeks.
krightg9bo wrote: My thinking is that JML will be focussing more on Elmer because of the 100% ownership compared to 50% on Pikwa. What I understand from the last PR, he is looking for new ore body targets that will add potential to what he has found so far. Merry Christmass to all.