Another stock which I am expecting to rally again is Azure Minerals (AZS.ASX). With copper prices at record highs, the proving up of more resources, and their inclusion into the mine plan, as well as the revision of copper prices in the feasibility study, will just add a great deal of value to this protect. We therefore expect when the final feasibility study is released, a great deal of upside to this stock. There is also the potential for success at its JV with OZ Minerals, who are farming into their project. We also watch with interest results from the newly-acquired manganese project. This project appears to have been under-capitalised, so there may well be scope to greatly expand the resource base. Being close to the coast/port, this is a very attractive resource.
The stock is looking a little weak this morning, but we expect that they will close the day on a solid footing. We are expecting new highs from this stock. See the chart here. I took the opportunity of adding to my stake.
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