AZR aztec resources limited

importance of upgrade

  1. thymus
    1,999 Posts.
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    01/03/05
    12:19
    Post #: 811549
    If Aztec can prove up sufficient reserves for a 4 mill ton pa operation (cf proposed 2 mill pa) and assuming a very modest price increase of only 20% in iron ore prices the EBITDA would be $70 to $80 mill p.a.
    *****that would put azr on a pe of 1 (one)***
    Thymus.
    AZR Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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