AZC australian zircon nl

think you mean AZC, I am still holding but wont be taking up any...

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    think you mean AZC, I am still holding but wont be taking up any of the placement not with the shares trading around 11 cents and the placement at 12 cents.
    I have tried being patient with these guys but when one sees no directors buying, failing to meet target production levels, and poor grade control it makes me wonder if these guys will ever get it together for a profitable operation
    I to have bought a bunch of stock around 14 cents I had heard there was to be a takeover last month it never happened I am sure the suiters found the bride had an ugly side to her which we are only finding about now with the announcment that their needs to be major plant changes to increase production levels
 
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