CZR
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9.26% 24.5¢ czr resources ltd

I just read the RIO quarterly update which has been announced...

  1. imbroglione
    398 Posts.
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    16/01/24
    09:28
    Post #: 71895775
    I just read the RIO quarterly update which has been announced this morning and it would seem they are significantly ramping up production of Iron Ore @ Robe. Refer to Page 12.

    No chance they are going to let the CZR Robe Mesa asset go elsewhere. It is the very same ore body they are mining now and making a road train load cash from right now.


    https://hotcopper.com.au/data/attachments/5887/5887184-05ded4d0d3c48a6f750fdd3fd268ae16.jpg
    https://hotcopper.com.au/data/attachments/5887/5887187-83348bf9ae98fa85519b32017f4fea08.jpg
    https://hotcopper.com.au/data/attachments/5887/5887190-271b5a5c0887d38810122f2e60ad303d.jpg



    CZR Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 19  Upvote
    lightbulb Created with Sketch.  Great analysis
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