We have a bitter fight between the CEO of AZA and NXS on our hands and that is what its all about.
The fact of the matter is that if longtom is not succesfull the ball for now will be back in AZA court. Once AZA is going into full and succesfull production in September and with high oilprices as we have to day, the share price from AZA will be far above the $2 mark imho.
It will be a very different fight if AZA is still interested in NXS at that time.
AZA can wait for now and step in at a later stage to clear the deck, unless longtom is going to be successfull.
But regardless with nearly 20% shareholding in NXS , AZA will be a winner eihter way.
I am happy with my holding in AZA and see a nice re-rating in the share price coming, first from a re-rating in reserves from the BGM field and then from the production targets being achieved in September.
They are going to make a fortune in September.
good luck
jojo
AZA
anzon australia limited
