Prawn_man, irrespective off czn having 2b shares 200m shares...

Prawn_man, irrespective off czn having 2b shares 200m shares etc. It is capped at a measly 10m due to nothing progressing.

All this year, all they have done, is issue over 1 billion shares, spent the money, have not increased resources, have no mine plan. Absolutely zero progress on no fronts.

People are hinging sucess on fraser, but that's plus 500m per hole, expensive. To do that properly they need atleast 10 holes. But not the finance.

Czn based on the sale of the Mel b nickel deposit should be 60m cap atlease or 2c min.

Now if it were, we would be looking at 10% variance on a trade. Geez they sit on a deposit worth 2b plus and a npv of 120m atleast.

We should be asking why are funds not touching czn?
Why do investors value Lynn lake at zero?

Once we know those answers, correct cause, czn will be capped higher.

Im all for reconstructions, but not when management does sweet FA.

At EL the open cut is there, ore is there, thompson is within trucking distance. Get a few haulage trucks, few front end loaders, phone call and treat a bit of the ore.

Sure it won't bring in massive dollars, but more than they cap raise and dilute to stop the erosion.

Imagine if they were bringing in a few million, we would have 1b shares less atleast on issue. .

If they reconstructed. It would take them 2 years, to be plus 2b shares again and in the same mess.

There is money sitting there, ask them why they are not digging up a bit?

Doing so solves most issues you know.