Thanks for your thoughts quantum. Very disappointing after 7 long years.
The new project owner, the major shareholder in AXZ Kenny Zhang with intimate knowledge of the project will reap the benefits of an increased resource, low op-ex, high value (probable) coal washing income around $130US /t and sustained Fe price recovery.
However, personally, I can use the funds retrieved from this to make a lot more in GML, EXU and ESR and a few others. One door closes another opens.
Onward and upward.
AXZ Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held