CZR czr resources ltd
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Creasy Group, page-12

  1. Vfanatix
    512 Posts.
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    15/04/21
    10:26
    Post #: 52482175
    For our +40m higher capex plus interest of a 19 month payback subtract say $45M:
    110M + 70% + 20% = approx 220M
    Less 8.5% less 20% = approx 160M
    Less 45M = 115M
    On iron ore alone
    Current capex under 40M (about 1/3 of that roughly comparative value subject to funding)
    plenty of upside
    Last edited by Vfanatix: 15/04/21
    CZR Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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