CCZ 0.00% 0.6¢ castillo copper limited

Copper Lithium Play, page-4

  1. 9,311 Posts.
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    Hi @StarPlus

    CCZ raised $10million only a few months ago, they shouldn't need to raise any more funds for a long time. We're not doing long expensive diamond drilling so shareholders would be rightly furious if they raise any more before Christmas.

    The 100 million new shares for the lithium looks locked in though - 10%+ dilution. If Arya hits then it's all absorbed quickly, if it's a duster then it's all going to be on the lithium projects getting drilling, sometime after the wet season ends.
 
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