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Business Description
Azure Minerals Limited. is advancing its 100% owned Oposura project in Mexico, with an indicated plus inferred JORC resource estimate of 3.1 Million Tonnes at 5.0% Zn, 2.7% Pb and 18 g/t silver. A 2018 Preliminary Economic Assessment showed a Before Tax – Net Present Value at 8% of US$84 million, and a very high Before Tax – Internal Rate of Return of 76%, using metal prices of US$1.4/lb Zn, US$1.1/lb Pb, and US$16.2/oz Ag. The total initial CAPEX has been estimated at approximately US$52 million (includes a 25% contingency). A Definitive Feasibility Study is expected to be released mid-2020. The company also has two other projects, with resource estimates, Mexico.
Website https://azureminerals.com.au/
FRC Analyst's Reports
This company was mentioned in the following "Analysts’ Ideas Of The Week":
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Jan 16, 2023 |
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Nov 28, 2022 |
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Nov 21, 2022 |
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Nov 7, 2022 |
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Oct 25, 2022 |
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Oct 17, 2022 |
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Oct 11, 2022 |
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