the watch list webinar was a fantastic update for the market, keeping everyone informed on timelines and strategies moving forward.
My interpretation of the webinar is that the company doesn't need to raise potentially. Netley seemed to be confident in some sort of JV potential with Min res if Ore is found.
Not sure if anyone remembers but CAZ sold 31 million proven tonnes 56% ore to min res in 2020 for $20mill plus a 50cent per tonne royalty after the mining of 10 million tonnes, I can't remember the spot price at the time but would have been close to now.
By the sounds of it we are looking at a hell of a lot more here with all infrastructure in place if they link up with them. They also suggested that Min Res is running out of ore........ looks like a no brainer.
I can't believe how cheap this is at the moment.
DYOR, not investment advice........
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Open | High | Low | Value | Volume |
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1 | 500000 | 0.027 |
1 | 150000 | 0.026 |
1 | 39995 | 0.025 |
2 | 149995 | 0.020 |
Price($) | Vol. | No. |
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0.031 | 20000 | 1 |
0.032 | 364462 | 1 |
0.033 | 155000 | 1 |
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0.036 | 50000 | 1 |
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