CAZ 0.00% 1.5¢ cazaly resources limited

Ann: Half Yearly Accounts , page-16

  1. 1,075 Posts.
    Bahaha

    Nothing like a bit of banter here. Waiting for an announcement is like watching paint dry here.

    CAZ is an interesting company. Other than Parker, we seem to have a foot in many other projects, the latest of which (with MBK) seem to show a bit of promise, not to mention WFE and CVE.

    The initial strategy seemed to have been to exploit tenements left by majors that haven't been worked on. That didn't work out (does anyone know what happened with the settlement with RIO? Did we get any cash, or worse, PAY any cash?)

    So CAZ scouted for projects and farmed out a few, whilst waiting for Parker to commence.

    Based on these activities, especially Parker, I think we're a sitting duck.
 
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