AZC
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0.00% 2.7¢ australian zircon nl

Here is the Taylor Collision report from last...

  1. ENIGMA
    1,290 Posts.
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    29/04/08
    13:04
    Post #: 3639851
    Here is the Taylor Collision report from last week.

    http://www.auzircon.com.au/reports/33ef6dc4592e5e3b2c52d65fac8f86ac/AZC%20080424.pdf

    Valuation range: 35c to 54c.

    Mindarie mine NPV (@8% discount rate)is $64 million or 22c per share.

    Plough.... they are expecting EBITDA of closer to $30 million for FY09F (page 7).

    WIM150 BFS just given the go ahead.

    Trade safe!


    AZC Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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