So by this Friday morning ( assuming the vote Thursday afternoon is voted in favour), CZR will have $54M in the bank, all loans paid back, and funding ( from proceeds) allocated to exploration across the remaining projects.
Currently trading at $60M market cap. I’d expect an increase to how CZR is valued in the near term once drilling exploration plans are announced for Croydon.
A company like WC8 ( not a great comparative co but…) currently valued at just over $200M with $60m in the bank. I hold both but I’ve long had expectations for Croydon deposit.
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 (20min delay)
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Last
24.0¢ |
Change
-0.013(4.95%) |
Mkt cap ! $56.88M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 24.0¢ | $5.779K | 23.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17000 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 80963 | 1 |
View Market Depth
| Last trade - 11.56am 01/08/2025 (20 minute delay) ? |
| CZR (ASX) Chart |