Aztec Res. Share Discussion Threads

[sammu] 05/8/2005 17:20

I see Fidelity have sold 6% over the last few days. No buyer yet notified a holding.

Sam

[gardenboy] 05/8/2005 11:23

moving quickly

[gardenboy] 05/8/2005 11:20

no suspension here :~)

[wayoutwest] 24/7/2005 20:47

Interesting reading:

[biswell] 15/7/2005 09:52

Looks like an increase in resources to be announced in a month

'* Exploration drilling at Main Pit east, Acacia east and Mangrove confirms additional resource potential.'

'The additional drilling confirms the continuity of the high grade and width of the ore body and has the potential to increase the size of the resource at depth and along strike to the east. Existing inferred resources at Main Pit will alsomost likely be upgraded to indicated resources resulting in an increase in ore reserves.Geological modelling and resource estimation to incorporate the new data will commence when all results are to hand.'

'The information which has been received to date for a number of key components of the project has highlighted that additional work is required to reduce capital and operating costs to ensure the full value of the project is identified prior to announcing the BFS results.This additional work is expected to take approximately one month.'

B

[ppowerscourt] 28/6/2005 19:53

Interested iron ore. What do the previous feasibility figures indicate? Bis. Thanks. I understand the next bankable feasibility report is due soon.

[biswell] 24/6/2005 12:48

SP now standing at Feb high, if it breaks above 10p then a gap up to 12p is my call.

If the Feasability study comes in + , and I expect it will, (and so does Byrne), then I see this share going to circa 24p in 3 months from now.

This is not a ramp, it is based on IVW,WTN and CBM performance in the good days, when they were discovered by investors that had not heard of them before.

In the UK AZR is a virtual unknown......Byrne has been keeping it that way.

B

[biswell] 23/6/2005 11:55

May 3rd on the LSE showed 10 million volume on AZR Sam

Check it out , and explain that one

B

[sammu] 22/6/2005 20:09

Bis I'm shocked to see you positive on a Cambrian related share.

I'm also surprised by your issue with the volume disparity.

WTN is the same, very little volume in the UK and lots in Canada.

There are lots of other AIM listed examples.

This is still an Australian company.

Sam

[biswell] 22/6/2005 16:28

73,000 shares now traded ..... what a laugh , be interesting to see how many Million get traded in AUS in the next session 11,000,000 to now beat

AZR now up 12% today and on the quiet it would seem

B

[biswell] 22/6/2005 14:45

53,000 shares sold today on the LSE V 11 Million yesterday in Australia

I have to admit this I find very, very strange.

Seems like this share is a UK unknown, which suprises me, when one thinks CBM holders or lovers would be doing their homework after what happened to WTN and IVW as CBM built up stakes in those companies

B

[biswell] 22/6/2005 10:27

Worth a look if you are interested

B

[biswell] 22/6/2005 10:19

This looks interesting

Assuming an average price over 10 years of 100$ per Ton delivered to site

And assuming 10% of that was earnings for the company and the rest went in production and transportation charges.

Then looking at production at 2,000,000 tons per year at $10/ton

$20,000,000 earnings per year is the figure.

Iron ore has been trading low for years, but the increased demand from china for it's numerous building and reconstruction projects has meant the price rising strongly of late.

Based on Todays Market Cap price of £44M , or say $80M this works out at a P/E of 4

B

[biswell] 22/6/2005 09:42

Over 11 Million shares traded yesterday and in the UK just over 3,000 ?

What gives ?

B

[biswell] 22/6/2005 09:36

No news since CBM increased stake .... so why the Aus price rise ?

B

[biswell] 22/6/2005 09:28

Why the small UK volume in this share ?

In Australia the volume is in millions every day.....seems very odd

[schober] 20/6/2005 09:27

ppc - 1st link is ok - article is 18/3/05!
2nd link try

sugest a look around this site if interested in oz stocks
throwws some light on the unofficial cvs of the directors
quite alot about matich and chamaisson,particularly with FXR
matich has left fxr but are there some undisclosed royalty deals with chemaisson?
theres a whiff of regal about them

[ppowerscourt] 22/5/2005 16:49

Schober:

The first link you poated referred to a post dated 2003. LOL!

Second link does not show up. Can you post the article here?

[schober] 30/4/2005 11:32

not everyone thinks azr is wonderful


and some background on mr matich