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.
So by this Friday morning ( assuming the vote Thursday afternoon...
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Last
24.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.81M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 22.5¢ | $1.603K | 6.718K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2127 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 48415 | 3 |
View Market Depth
| Last trade - 15.52pm 13/06/2025 (20 minute delay) ? |
| CZR (ASX) Chart |