AZA anzon australia limited

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  1. 2,899 Posts.
    re: dont touch this has court action What evidence of production do you want FedEx, they are producing as we speak, read the last quarterly, current production about 4000bbl/day will ramp up to 12,500 by late October. Woodside claim looks very very optimistic, At best they could hope for would be something like a $5m settlement, 5 days production in a few months !! I'm thinking AZA could earn about 40cps next year, a P/E of 3.5 ... hardly demanding. Superb management thrown in for free. Good value here ... bit like Rinker, ooops sorry to mention them !!!
 
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Currently unlisted public company.

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