CAZ 0.00% 1.4¢ cazaly resources limited

the winmar deal must be worth something, page-2

  1. 4,926 Posts.
    lightbulb Created with Sketch. 217
    they wont pay 50c on the full resource only CAZs 49%

    i.e. say 300mt x 49% x 0.50 equals $73.5m or about 60c per share

    thats my understanding, still a great kicker for a non core asset plus they still have other pilbara tenements to play round with
 
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