Looking forward...if metallurgy results and further drilling being planned at the core of their main deposit Nebo-Babel is now their main priority, (as announced today), you would determine OZL are very keen to get the ball rolling for decision-to-mine. A deposit of this size will be a mine, it would be a mine already you would think but probably held back mainly due to it's location.
If the numbers stack up for both companies there is not much left to stop the $4b+ project going ahead...they must have a good idea already and be further encouraged from the exploratory results of late.
Much to be excited about for Cassini shareholders holding 30% interest in a project of this size with funding organised and only $280m odd shares on offer. One for the times in my books!
CZI Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
