Hi Last Of The Mohicans. You might remember I got out of AZZ and AZZG about a year ago, but still follow it, having been a shareholder for over 20 years.
As things stand know, with the situation with the Notes, the oilprice a a level, where I think it will be sitting for the next 3 years at least, Breitburn having borrowed almost up to their limit, a management some have their doubts about, I fear that AZZ is nearing the point on which continuety will become an issue of serious concern.
I wholeheartedly hope AZZ will pull through, but I donot really see how. Good luck to you all and BrgdS
AZZ Price at posting:
10.0¢ Sentiment: None Disclosure: Not Held
