Afternoon trading October 7, page-148

my first parcel for CAZ was 3.1. I added more at 3.8, and I added more last week at 5.1.

Ive kept adding because
- the enterprise value + cash on hand is greater than CAZ’s market cap, as they have 11 mill cash + have a 50/50 JV with FIN and 20/80 JV with WML.
- Directors have been buying heaps over this year. Brings investor confidence that the project acquisition will be amazing
- Directors are not crooks, they even have given a dividend to shareholders in the past.
- Broker data is amazing
- But the most appealing is that the project acquisition is imminent. They are going to Diggers and Dealers exhibitors that starts on October 12. Why would a company that has nothing to showcase other than its cash and JV partners go to this booth? I’m thinking a Trading halt tomorrow and Monday, project acquisition will be announced.