AXZ 0.00% 48.0¢ amex resources limited

Ann: Takeover Offer, page-10

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  1. 17,077 Posts.
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    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.
 
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