No doubt in my mind the board (shareholders themselves) will want to unlock this cash and pay back to shareholders in the form of a capital return.
Easily see them do a $0.05 capital return, retain about $3.5m/$4m in cash to explore and acquire new prospective projects and shareholders get to keep their exposure to all that upside plus the future Parker Range royalty for free.
Almost like an abitrage opportunity.
CAZ Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
