Ann: Trading Halt, page-107

Mrplough. On ignore now.
Hopefully they learn by past mistakes, I don't believe as both still ignoring present facts whilst focusing on past.

Czn I view the same with Mr streeter. He's paid with options, so czn needs to turn out or he does not get paid,

Mr streeter is in demand and would not have bothered with czn if prospects were not there as there are plenty of other nickel plays we could be involved in.

What initially drew by attention to czn was discovery of shallow resources that were missed by sherritt and exploration ending in mineral.

Knowing historic mining was down to 900m, got me thinking it is highly likely these shallow resources have depth.

If so the present resource will be upgraded to more than 200k tonne ni

In the past npv was 130m on 70k ni. If 200k minimum is proven, czn is worth 200m to 300m. No brainer when the Co is capped at 8m

This does depend on mining the resource to unlock this value, the risk I'm happy to take.

In the past I feel mining was not done because prefeasability was at 70 to 90k and the nickel market at the time had poor outlook. The studies were also to mine a deep resource.

Going forward with better nickel outlook, shallower and if 200k ni deposit economics now stack up. One reason to ignore the past here.

The recent cr at 0.35 was basically done at market as price was 0.4 on asx. After crs if view is bad, there is selling. We have not seen this, yesterday 744k and today just 100k and that was 0.35 mid point. So the view by those holding is to not sell.

Buyers at 0.3 have grown to 50m, sellers at 0.4 no real change. Based on no volume, buyers at end of 0.3 que have buckleys. So any trades into 0.4 could see a break based on tight volume presently.

What is also interesting, for chartists, is the saucer. Not one saucer. The present saucer is the second one.

From mid June 2013 to about Oct 2016 and the present from Jan 2017 to now.

It is rare to have a saucer double bottom over 7 years. If true to form 5c plus will be seen.