I must say " gerkin ",, that i really would like to see AZZ hold their interest in Shaeffer Ranch at the 50% level,, without farming it down..
The big bonus in Harrison and Scott,, is the pluss 70% interest, which will be a huge money spinner for the company. Rowena,,,on face value,, will be the largest target attempted so far, and it just seems a shame to reduce their interest.. Of course , it shares the risk and the costs, but also reduces the potential gain if successful..
I've read your summary on the agm, a number of times, and noticed that you have quite a few possible factors, which may ultimately effect their decision on the interest retained..!!
I would like your opinion on whether you think it's just cost motivated, or are there secondary issues involved..
Thanks mate !!..........Cheers !!
AZZ Price at posting:
0.0¢ Sentiment: None Disclosure: Held