Im very confused why this stock has settled around 20c. Every analyst suggests the stock is trading at around 80% market discount. Considering the bullabulling resource and potential inflows over coming years the market cap is incredibly disproportionate.. Coupled with the above (GGG), AZX's partner in the project has traded much more favourably in the UK yet they hold an equal 50/50 split in this mine...
More positive news is expected in coming weeks as per below article.. so unless there is something im missing i will be consolidating very strongly below 25c
http://www.proactiveinvestors.com.au/companies/news/9459/auzex-resources-intersects-new-gold-outside-bullabulling-resource-9459.html
what is going on ?
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