CAZ 6.67% 1.4¢ cazaly resources limited

Ann: Parker Range Project Update , page-8

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  1. 624 Posts.
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    In the circumstances, I feel the Directors have made the best of a bad deal.

    Sure, we all hoped that CAZ would get all or half or some allocation at Kwinana.

    However, that was never guaranteed, and unfortunately CAZ missed out.

    So, there had to be a Plan B.
    Plan B is initially Fremantle and then Esperance.

    By using Fremantle until Esperance is completed, the Company will generating income as quickly as can be expected.

    That to me is preferable to waiting until Esperance is up and running.

    All I ask is for two things:
    1. they get things happening as fast as they can and
    2. keep shareholders fully informed.

 
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