I did mention this a few months ago, as cassini has a market cap of about 40mil and ozmin have about 600mil in their war chest.. we would be chump change to them.. BUT.. as ozblue pointed out to me at the time... ozmin have the money and a great crew. But that crew would need to be brought up to speed...
Our crew with Richard and our team are the ones that have studied and know the west musgrave ground.. they are required. And more so wanted to be there. The 30% that cassini require to get the mine off the ground would probably come out of the first few months mining profits. They would borrow the money, or get a free carry from oz for their first few months profit.
With cassini crew still working on site with their other prospects oz get insight and possible first dibs on those too.. so why not Keep cassini as a partner.
There will be no takeover.. but good gains on the next cash injection of around 50% of our market cap...
All imho..
good luck to holders.
CZI Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held
