AZC australian zircon nl

Ann: Quarterly Activities and Cashflow Report , page-2

  1. 212 Posts.
    Just read the report and all sounds wonderful!

    DCM the majority shareholder was reported last year to have 250 million worth of unsecured debt and in my mind look like they are priming the WIM 150 project to recover capital loses. Maybe I’m wrong but 250 million is big bucks!

    Does anyone know; is it possible for DCM to sell their 70% shareholding in AZC without AZC firstly re-listing? Doesn't seem right but is it legal and does it happen???

    If OZC buy-out DCM for example and have no financial need to re-list AZC then are the remaining shareholders left for dust?

    Food for thought!
 
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