This is not profit downgrade, only forecast downgrade. I've seen another mining service (Decmil) with 1/2 year profit downgrade betwn 9-10% drop, the sp still up by 20% & stabilize. Reason, Decmil is still a promising co. AZG also a promising co. I think in short term the sp can still hit $0.275 resistance, at maximum.... & maybe retrace back. If it rectraces because of the news, it shouldn't go down to sub $0.1
Just my opinion... G luck
AZG Price at posting:
17.5¢ Sentiment: ST Buy Disclosure: Held