So then plenty of reasons to ' BLOCK ' the deal from an on market raid. And that has been what we've seen recently in the Lithium space and when its pretty much been on the decline. LTR , WC8 , AZS etc.... Lets see if ' Sovereignty ' is also a key here for Iron Ore. We know there has been enough precedence of history of Chinese Interest here .... so lets see what happens from here.
Yeah so I agree that that is what we should see happening more ....., if its going to happen at all. In my view though , surely after only 10 weeks from launching its DFS and 12 from updating on the PAC venture this couldn't be the FIRST and FINAL ....as well as BEST offer
And I still say that the Port facilities , the handling , the storage , and the loading under the PAC venture is where the significant value attraction is. And these sorts of BULK minerals costs in Australia have been pretty much a closed shop in terms of obtaining any concrete historical annualized figures. And that represents $39 odd million of the DFS so you'd have to take that out in terms of CAPEX required right.
However if you look back on what we do know , these costs could translate easily into another $2 to $3 per tonne ...., and probably more if you expand out into the critical minerals spectrum.
So effectively you could look at the offer as being 100% on the CAPEX that Miracle is going to have to pay anyway....PLUS the savings through its grab at SRK's package. And if there prepared to go straight to 100% more on the CAPEX , then you know this must be worth far more due current market rates expected on Iron Ore and the ' Quality ' of the potential blend.
- Forums
- ASX - By Stock
- CZR
- CZR "FOMO"
CZR "FOMO", page-217
-
-
- There are more pages in this discussion • 390 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CZR (ASX) to my watchlist
(20min delay)
|
|||||
Last
23.5¢ |
Change
-0.005(2.08%) |
Mkt cap ! $55.63M |
Open | High | Low | Value | Volume |
23.5¢ | 23.5¢ | 23.5¢ | $3.059K | 13.01K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4251 | 23.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.5¢ | 20800 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4251 | 0.235 |
3 | 55001 | 0.230 |
2 | 60000 | 0.225 |
1 | 40000 | 0.220 |
1 | 5000 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 20800 | 2 |
0.260 | 113499 | 5 |
0.270 | 52400 | 2 |
0.275 | 31805 | 2 |
0.280 | 50000 | 1 |
Last trade - 13.04pm 28/10/2024 (20 minute delay) ? |
Featured News
CZR (ASX) Chart |