half-century potential for mineral sand mine, page-3

Hey David cheers for the post!

It’s great to hear AZC making some noise. It’s all over the Internet that DCM are 250 million in the red and that they are selling off non-core assets one of which is AZC, planned for the back end of this year.

OZC (the biggest Zircon Company in China) have just bought APG’s 20% stake in the WIM 150 and my guess is that they will step in and buy out DCM and acquire the full 100%. With all the upgrades the WIM 150 has in the bag and with a massive 50+ year mine life it could potentially be worth several 100’s of millions.

The big looming question is will AZC re-list? There are some suits with big bucks sitting dusty on the AZC table and it will surely be in their interest to make sure AZC re-list. When AZC re-lists then the market will find its true worth which I believe would be $$$$ for the handful of us AZC cheerleaders on here…

A massive mineral sands project with a mine life of 50+ years and with government backing to create 1000+ jobs, AZC has got to be worth something.