AZA anzon australia limited

slowly creeping up, page-8

  1. 2,323 Posts.
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    Bello

    I don't have an issue.. what makes you think there is one?

    I simply responded to a post outlining the reason why there is continued weakness in AZA share price, only because I have access to various broker opinions etc. It just happens that my own view agree's with their view.

    Critical of Crux upgrade??? NO, i don't recall it like that. I do recall that I figured out that the upgrade wouldn't be as significant as most of us first thought!

    I don't see Nexus' holding in AZA as a big issue, i know they have a plan with that, and that the losses shouldn't be as great as what the current on paper value suggests.

    Yes I am somewhat happy that Nexus are continuing on their own for the moment, but I also acknowledge that AZA presents good value at current prices for several reasons, but you also can't ignore the risks with AZA, and they are, that they have only the one producing field which makes them quite vulnerable to all sorts of risks. This ofcourse could well be enough reason why their is more support for Nexus by brokers etc.
 
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Currently unlisted public company.

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