they have 14% in Solv. + 1mill CAZ shares + 5mill CAZ options ex $1 - cost 2.5mill exploration only if CAZ retain Solv. so numbers $2.5(explor) + $5mill ( options ex)=$7.5mill cost ....CAZ $2 x 6mill(shares) = $12mill +14% in SOLV...CAZ retain Solv. CAZ = $4-$10 so ECH shares in CAZ worth a lot add on 14% Solv +other projects....CAZ est. $80mill year from MOU with BHP so ECH should see $10- $15 mill pa with approx 25mill shares on issue....
ECH
echelon resources limited
they have 14% in Solv. + 1mill CAZ shares + 5mill CAZ options ex...
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