Yes, agree at some point. As long as you don't have massive holding, holding this stock is not an issue. Short term is not good, but medium to long term I can see many ECP on the pipeline. They are currently doing the first ECP (Poseidon) & DFS for TNG mining in NT. Also, read the article, Marengoo is a 1.2b project & will be funded by Arccon Chinese connections, & Arccon will monopolise the project.. so are Kula gold & ironbark are on the way & begging for Chinese money. Worth gambling? I think so... But limit yourself !!!!
Current: DFS for TNG ECP for Poseidon Maintenance for Mermaid Construction for Salomon (I think just completed ???) Other overseas & local works (Philiphines, mongolia, etc)
Soon: ($1b+, and all Arccon Exclusive) ECP for Marengoo (1 of delayed projects) ECP for Kula (1 of delayed projects) ECP for Ironbark (maybe in 2015 ???) ECP in Africa (?????)
AZG Price at posting:
8.9¢ Sentiment: LT Buy Disclosure: Held