Agreed, free carry to decision to mine.. good place to be..
My point arsenic is that someone has come home and said I just won the lottery, and your asking oh no, what about the tax we have to pay...
This announcement has nothing to do at this point with a capital raise..
From memory from months ago, from a discussion with ozblue, I seem to recall the mine life being around 10 years but they were taking about 10 bil extraction, with copper, cobalt, nickle, and other precious. If we have 30% that’s 300mil per year.. Granted we have mike building costs, yep and they are substantial, but we have 30% of those costs. And Maca is one of our major holders, already getting good returns on sp gains.. I wonder if ozmin would be the one to loan us the cash.
Hey set up the whole mine taking on the costs and we pay back in 2 years with reduced income.. not a big deal, we have cash coming in, they have massive profits, they keep on the czi staff and knowledge.
I guess we will know more by Friday.. right now we are ALL speculating..
- Forums
- ASX - By Stock
- CZI
- Ann: Trading Halt
Ann: Trading Halt, page-26
Featured News
Add CZI (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online