I am diagnosing a new medical phenomenon relating to people having issues accepting the huge potential for CZR Robe Mesa Project, it is called "Creasy-Phobia", the fear of backing Proven Winners
Spot Iron Ore @ $140 x 33,000,000 DFS Robe Mesa Project = $4,620,000,000 asset value
@ $15 t/o value x 33,000,000 = $495,000,000 ($420m for CZR Shareholders $70m for creasy)
Current market cap is $50m ($420m / MC = 8.4 times current share price)
= 21c x 8.4 = $1.76 + value of magnetite project + huge potential of croydon gold project right next door to the billion dollar DEG asset
= minimum $2 whole of company take out value
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Open | High | Low | Value | Volume |
29.5¢ | 29.5¢ | 28.5¢ | $24.59K | 85.44K |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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29.0¢ | 6800 | 2 |
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1 | 18098 | 0.285 |
1 | 27872 | 0.280 |
2 | 45500 | 0.275 |
1 | 10000 | 0.260 |
1 | 10000 | 0.250 |
Price($) | Vol. | No. |
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0.290 | 6800 | 2 |
0.300 | 48648 | 4 |
0.305 | 167471 | 3 |
0.310 | 1094851 | 2 |
0.315 | 104000 | 3 |
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