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1.82%

27.0¢ czr resources ltd

For RIO (& FMG), they could purchase ROBE MESA from loose change...

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Montysaves

279 Posts.

81

23/02/24

00:50

Post #: 72548795
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Originally posted by gberra: ↑

There is a reason they are trying to sell it and MC is also trying to sell his share. Firstly - you can’t rely on Fe staying at $120 USD per ton - I would say that’s highly optimistic. Secondly there is execution risk. Thirdly to raise the funds to build it we would need to make a highly dilutive capital raise. Our shares on issue could easily double or more. I honestly believe voting YES is the best option and hopefully that will push Rio to bid. Rio are the sensible owner of this deposit with their rail line and infrastructure already in place. GLTAHs

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For RIO (& FMG), they could purchase ROBE MESA from loose change in the bottom drawer and then safely bank future profits from mining in future years. We will surely know in next week what RIO's intentions are.

CZR Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 27.0¢		Change -0.005(1.82%)		Mkt cap ! $63.64M

Open	High	Low	Value	Volume
27.5¢	27.5¢	26.0¢	$13.90K	50.86K

Buyers (Bids)

No.	Vol.	Price($)
2	25000	26.5¢

Sellers (Offers)

Price($)	Vol.	No.
27.0¢	13865	1

View Market Depth

No.	Vol.	Price($)
2	25000	0.265
1	10000	0.260
1	40000	0.255
5	33604	0.250
3	42701	0.245

Price($)	Vol.	No.
0.270	13865	1
0.275	43694	2
0.280	199286	3
0.305	58824	1
0.315	5191	1

Last trade - 14.42pm 06/06/2024 (20 minute delay)


Last 27.0¢			Change -0.005 ( 3.85 %)
Open	High		Low	Volume
26.5¢	27.0¢		26.5¢	13680
Last updated 13.02pm 06/06/2024 ?

CZR (ASX) Chart