I'm disappointed to be honest. I think a few of the longer term holders here, including me, were hoping for a share price well above the offer amount upon a DFS and definitive decision to mine, something more around 28c. Just remember that previously CZI management had been talking up the prospects of CZI being able to debt finance it's 30% stake in the project and we all had a nod and a wink towards the Chinese strategic shareholders. I was never planning to hold after the DFS anyway and now is good timing in terms of pursuing other opportunities on the ASX. My only regret with CZI was not loading up more @ 3.4c (if I remember correctly) during the SPP a few years ago.
It's been interesting for me as CZI was my first mining specki investment really and I've learnt a lot about the discovery to mine process and enjoyed benefiting from the knowledge of others here.
CZI Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held