resource downgrade and asx ann

I cannot believe a resource estimate could be downgraded so significantly and the only comment that the company can make make in the ASX ann is that the tonnage has gone up. No explanation whatsever. It beggars belief.

There was no explanation at all of the material changes in the resource other than basic info. It is treating the market with contempt and no wonder the share price got smacked.

IMO If there are any fundies in AZS they will be spitting chips becuase they like to be close to the pulse and this would have come as a shock I think.

I have sold today because of this and wish you all the best with Cascada. (At least Prosperity will smile at this).

gosouth