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Ann: Cangai Update, page-17

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mt88

2,669 Posts.

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01/04/18

14:10

Post #: 32158690
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Originally posted by detonate ↑

Mt88 you are spot on.

I had good chat with the company during the week. One thing is for sure these guys are 100% focused on expanding this resource and getting Cangai re opened. With Peter Meagher now at the helm they are thinking very big. Let’s not forget he was the key director that dressed Extract up for a $2.1 bn take over. They are fully aware of the copper M&A focus on Australia right now with both Avb and Fnd under take over, at massive premiums.

They are also very keen to leverage our existing cobalt projects and are working on maximizing this value.

Been here plenty of times on other company’s with SP fluctuations , Agy was a prime example in the grassroots days when it struggled to break 5-8 million market cap range then as the project progressed and derisked the 20mill market cap was smashed and now it sits circa 300 mill MC with more to come. The way I look at it CCZ is following a similar path as it progresses towards reopening Cangai Copper Mine and milestones are ticked off. As this high grade CU resource @Cangai is increased so to will the interest from investors and possibly other company’s .So intrinsically nothing has changed and the fundamentals are strong particularly as the battery revolution gains momentum and this major paradigm shift to EVs takes hold. This has always been a medium to long term play for me and it may take time but the rewards will be huge IMHO. Gltah

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Hi detonate do you have any update on Sydney broker roadshow/ Cangai mine visit?

CCZ Price at posting: 3.8¢ Sentiment: Buy Disclosure: Held
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Last 0.5¢		Change -0.001(10.0%)		Mkt cap ! $5.847M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$26.50K	5.309M

Buyers (Bids)

No.	Vol.	Price($)
5	3698623	0.4¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
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Price($)	Vol.	No.
0.005	1640396	2
0.006	3360019	5
0.007	537153	4
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Ann: Cangai Update, page-17

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Ann: Cangai Update, page-17

Top Stories

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Sellers (Offers)

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