A blast from the past; David Clarke was recently appointed WIM...

A blast from the past; David Clarke was recently appointed WIM 150 project coordinator. It was originally his baby and he did have (still has?) a good sized chunk of his family silver on the AZC (as it is now called) table. I would like to think that bringing him back in to the picture is aiming at a re-list…

Not too sure why AZC are so quick to push through immediate releases to the market other than it looks good to potential investors or that it is a requirement for the banks to further support the BFS.

OZC own a 20% stake in the WIM 150 recently purchased from APG for song (7.5 million). OZC is a cash rich Chinese outfit that have a strong demand for Zircon so I can only assume that they will be in the mix when AZC’s 80% goes up for grabs.

Just for the record it wasn't too long ago that OZC came in and bailed AZC out. OZC snapped up the Mindarie Project (that was fit for nothing by the time AZC had finished with it) which was up and running within 12 months and is going from strength to strength.

Tusker and David, my previous post had 30 hits within a day so we are not alone on here, so just hope there are enough suits with enough riding on it to get AZC re-listed.

Sitting tight is the only option for us gamblers on HC but with a mine life of 50+ years, 500 - 1000 new jobs on the cards and upgrades already in the bag AZC has the potential to be the best investment in any of our portfolios ;-)