I should have said "since the last capital return and dividend...

I should have said "since the last capital return and dividend payment" which was a couple of years ago now
5c was paid and the SP immediately fell from 8c to 2.5c
Directors bought up at that time - I grabbed 5m myself - and they have been buying shares and converting options regularly for the past 2 years.
I sold half of my holding in the low 6's - I am half genius and 50% boof head.
Asset backing here is very good but exploration success is what the market is craving.
Halls Creeks is showing promise. Copper is very sexy ATM , grades are great but a sizable resource is what's needed. The lead times on their other hopefuls are fairly long.

There is an element of truth in the view that CAZ is something of a 'lifestyle" company IMO