CAZ 13.3% 1.3¢ cazaly resources limited

sp prediction, page-2

  1. 56,658 Posts.
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    Hi Jacko - the very short term CAZ price will fluctuate based on an array of factors, however, assuming that no corporate action presents itself and global macros stabilize, it's the finality of a successful DFS that may catapult her over a $100m market cap.

    In my view, they'll either be going alone now as an owner operator and/or looking at a JV and/or a debt facility, or selling out. I personally cannot envisage CAZ doing much more except making sure they have enough capital for continued milestones being met post pre-feas. study. eg, extend resource base, further met studies, engineering, marketing, design etc

    Fair shake out of late.

    The option expiry of 28/02/11 may provide some type of time frame however so do the comments of late in regards to potentially being in production by the end of next year (and possibly earlier).

    Hard to believe but we'll see what happens over the next 6 months.

    GL.
 
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