I am diagnosing a new medical phenomenon relating to people having issues accepting the huge potential for CZR Robe Mesa Project, it is called "Creasy-Phobia", the fear of backing Proven Winners
Spot Iron Ore @ $140 x 33,000,000 DFS Robe Mesa Project = $4,620,000,000 asset value
@ $15 t/o value x 33,000,000 = $495,000,000 ($420m for CZR Shareholders $70m for creasy)
Current market cap is $50m ($420m / MC = 8.4 times current share price)
= 21c x 8.4 = $1.76 + value of magnetite project + huge potential of croydon gold project right next door to the billion dollar DEG asset
= minimum $2 whole of company take out value
CZR "FOMO", page-154
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Mkt cap ! $62.46M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 26.0¢ | $6.125K | 23.55K |
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| No. | Vol. | Price($) |
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| 3 | 67750 | 25.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 18 | 1 |
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