re: pummelled/down half a cent Guess the fact that this co isn't going to be in production until 2006 is holding the s.p back a bit.
You would have thought, with a resource upgrade coming from Acacia and Barramundi AND Eastern in two weeks or so (Ian said early in January, I think from memory) there would be more interest than this in the share price.
If last time they had such a resource upgrade was anything to go by ( s.p. went from 11c to 14.5c) then now (15c) may be a good time to buy!
Despite some ill timed placements, I still have faith in this company. Unlike most other iron ore juniors, such as MGX - which had operation costs of $26/tonne of ore produced - AZR is guaranteed to have very competitve op costs. Which is good, because when the next steel glut hits the market (only a matter of time), and iron prices drop back, companies like MGX may go under but AZR will still be very much in the game!
AZR
aztec resources limited
