Would think the Market would already be across it given the profile of Creasy , and therefore should see some action on the SP sooner than some might expect.And when yous top and think about it , the deal with Novo really starts to makes sense fro Creasy's point of view. On the one hand , the sector is very very Hot , and in particular so is the Pilbara.The deal mention's that it is for his ' Minority ' holdings on this package of tenements - so whilst he is selling these ' Minorities ' at what may be considered the interim ' TOP ' or new highs in the sector , it ( the deal ) would still very much be considered from a ' Hemi / DEG ' perspective to have been put together on the ' Ground Floor ' when activity is only just beginning for others.So on the other hand , Creasy would still appear to be holding ' leverage ' to approximately 95% upside in the ' nearer ' southern tenements to the DEG - Hemi geological trend , and therefore would seem to be quite satisfied that he has both maintained his exposure to the ' Activities' whilst at the same time set up the perfect marriage or contestability for CZR's highly prospective and premier 320 sq klm Pilbara Land package.And when I say ' contestability ' , I mean the perfect set up of potentially putting CZR square in the middle of a ' bidding ' war between TWO behemoths in Novo and DEG. What better way to get the ' maximum ' price for an assets than to have at least 2 interested parties in the potential transaction - and if Creasy's stock position in CZR double , triples , and / or quadruples from here , he obviously stands to gain many more millions of dollars than that of the sale of a few ' Minority ' interests in other Pilbara mineral tenements.That's why I say it's a set up folk's wit a bit of an upfront sweetener for Novo in return for a ' I scratch your back and you scratch mine ' style arrangements.Very interested now to see how far this whole deal will push CZR's SP. Best of fortunes to ALL ....
- Forums
- ASX - By Stock
- CZR
- Ann: Investor Presentation
Ann: Investor Presentation, page-14
-
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CZR (ASX) to my watchlist
(20min delay)
|
|||||
Last
26.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $61.47M |
Open | High | Low | Value | Volume |
26.0¢ | 26.0¢ | 26.0¢ | $13.00K | 50.00K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40320 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.5¢ | 2 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40320 | 0.250 |
1 | 2040 | 0.245 |
1 | 5166 | 0.240 |
3 | 102443 | 0.235 |
1 | 2400 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 2 | 1 |
0.260 | 35848 | 3 |
0.265 | 25000 | 1 |
0.270 | 73352 | 2 |
0.275 | 36805 | 3 |
Last trade - 13.50pm 16/10/2024 (20 minute delay) ? |
Featured News
CZR (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online