I think you have to take into account, that besides the general downturn in small cap resource stocks, that AUZ have come out with some pretty negative comments about their resource in recent times. Overall resource lower than forecast, poorer grades, mis-interpretation of supposedly u-beaut mineral lodes being found to be barren sulphides etc. I'm not clear what the overall impact of AUZ's revision of estimates is on their total forecasts, but a provisional read doesn't make it look like they have improved their lot - and for those who might have been contemplating getting a few, I'm sure that any uncertainty in the current climate doesn't help matters....
Perhaps the Blair mine just isn't what everyone thought it might be?
auz-ttr, page-4
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