CAZ 5.00% 1.9¢ cazaly resources limited

letter from bob.., page-3

  1. 21,239 Posts.
    lightbulb Created with Sketch. 9
    versus one of the biggest mining companies in the world - that's the real problem.

    If 'Shovel' was owned by me or you there wouldn't be anything to talk about, but when it's owned by a gorilla?

    one thing however is in the Minister's favour. If RIO was to get upset by an adverse decision, it couldn't just pick up its mines and walk off with them now could it?

    and if RIO did do something silly and not develop something there'd be plenty of others who'd jump in and pick up their assets. So I'm not sure that RIO could actually do very much if it didn't like the decision.... so on the basis that RIO's response wouldn't amount to much, maybe CAZ has a bit more of a chance than if they were up against say, a big manufacturing giant who could take their business elsewhere. RIO can't.

    interesting times.... I don't hold CAZ.

    .... but I just might.

 
watchlist Created with Sketch. Add CAZ (ASX) to my watchlist
(20min delay)
Last
1.9¢
Change
-0.001(5.00%)
Mkt cap ! $8.764M
Open High Low Value Volume
1.9¢ 1.9¢ 1.9¢ $2.552K 134.3K

Buyers (Bids)

No. Vol. Price($)
2 139578 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 425001 1
View Market Depth
Last trade - 14.58pm 12/07/2024 (20 minute delay) ?
CAZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.