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CZR "FOMO", page-154

  1. 376 Posts.
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    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

    Last edited by imbroglione: 10/01/24
 
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