AZC australian zircon nl

If you put yourself in the suits shoes they have spent our money...

  1. 212 Posts.
    If you put yourself in the suits shoes they have spent our money way back when so keeping ordinary Joe Blogs shareholders up to speed is not a priority or a must.

    The numbers look great on paper but DCM are up to their neck in 250 million euros of debt and aim to sell off their non-core assets including the WIM 150. This info is all over the Internet…

    OZC one of the biggest Zircon companies in China owns the remaining 20% stake of the WIM 150.

    The WIM 150 is a massive project that will create 500+ jobs and has a 50+ year mine life with upgrades already in the bag.

    Is it possible that DCM sell on AZC without a re-list???

    Who will buy out DCM’s 75% stake of AZC, OZC???

    Why would AZC push through the BFS results for immediate release to the market???

    Is AZC worth more as a going concern after a re-list and who will benefit???

    AZC is only a goer if it re-lists and is whisked off its feet by a big investor, in saying that AZC are starting to make all the right noises...
 
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