CAZ 0.00% 1.5¢ cazaly resources limited

Ann: $1.5 million Raising via Placement, page-10

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  1. 1,225 Posts.
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    I agree that it would have been nice to retail guys the chance to load here.

    Been thinking it through however. If management are increasingly confident that they are about to strike big it might be a fair play to raise just enough funds for some more drills and surveys.

    We have to mindful of the effects of dilution at such a low market cap. These are directors with serious skin the game and I like that. Any changes that are good for them are good for us little guys too.

    On the chance they strike a even ball park figure to CLA's resource then CAZ flys to 50 million dollars pretty darn quickly and that might be chance to go straight past the greedy venture capitalist sophs and play straight to the big boys ( VW, Toyota etc ) that are growing increasingly worries about securing their cobolt supply.

    I won't be selling a single share until some drill results are in. This will go the moon if the seam can be proved to be continuous.
    Last edited by brentv: 24/04/18
 
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