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Same. It mentioned Gardiner who had been buying on market before...

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gapup

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26/03/19

14:24

Post #: 37887736
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Originally posted by Anton Chigurh: ↑

At the stated opex of $48/t, it really comes down to the sensitivities of your model. LT price assumptions need to be a fair bit lower than current spot and imo closer to $60/t. Add in initial capex drag and doesn't leave huge meat on the bone. But not everyone has the same bearish view on io price and could be valuable to offtakers for various reasons. Even a $10m special div would be worth 3.8cps, based on current structure. Guessing strategy at this point is to keep negotiations open, hope that further io price gains foster a more favourable deal. It seems clear they won't be trying to fund Paker Range themselves and with the cobalt market struggling, you'd assume they'd be reviewing new projects. Be interested to know who came into the raise and what (if any) networks they bring. Happy to hold at this level.

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Same. It mentioned Gardiner who had been buying on market before the raise.
not sure if they would have to do a 3b if they’re going to him.
it wasn’t underwritten suggesting they had it covered.
i like the fact that Gardiner is a broker/banker. He is likely to have it sold already.

CAZ Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.0¢		Change 0.000(0.00%)		Mkt cap ! $9.093M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	25000	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	197552	4

View Market Depth

No.	Vol.	Price($)
1	25000	0.020
3	493295	0.019
2	827833	0.018
4	391470	0.017
2	550001	0.016

Price($)	Vol.	No.
0.021	197552	4
0.022	180409	3
0.023	419999	2
0.024	238000	2
0.027	182000	2

Last trade - 10.27am 18/06/2024 (20 minute delay)

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