AZR aztec resources limited

Yes, we can expect a resource upgrade...But I doubt the figures...

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    Yes, we can expect a resource upgrade...

    But I doubt the figures would be huge.

    I suspect the most interesting news might come from the Chinese or Japanese?

    From AZR's recent announcement...

    "Aztec will now commence discussions with potential customers in relation to long term off-take agreements and to complete the bankable feasibility study.

    The bankable feasibility study is planned to be completed by the end of the first quarter 2005..."

    I would expect possible off-take partners to be announced way before the BFS is completed...what's more, I would expect any such partner would possibly be interested in taking a position in the company...either via a placement, or maybe even on market.

    Afterall, it would be in their interests to see that AZR was successful.

    As I see it, if AZR could releases such an announcement say by the end of the year, it would give plenty of time for the oppies to get over the line...or at the very least, for them to to secure an underwriter!

    Cheers!
 
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