ako - also important imo is the fact that Grange will be managing the project with CZR still earning 50%. Lets CZR focus on getting early production happening from their 2 iron ore projects whilst GRR gets Inderapura on the boil.
I like the look of Grange as a JV partner. Their board is experienced and obviously capable with GRR already turning a decent profit, not to mention a significant rise in the SP over the last 2 years. GRR are also sitting on a massive iron ore deposit themselves so it seems they know a good project when they see one.....very conforting for CZR holders.
Onwards and upwards for CZR.....now we just need those assay results from Rawang to really give the SP a kickalong.
p.s. I was in WA last week for work - it is booming over there!
timbo
CZR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
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