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0.63% 80.5¢ red hawk mining limited

PIOP Value Cazaly Resources is planning to sell it's 35.1...

  1. xax
    117 Posts.
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    12/06/19
    08:27
    Post #: 39011683
    PIOP Value

    Cazaly Resources is planning to sell it's 35.1 million tonne, 55.9%Fe Parker Range iron ore deposit for $13 million plus royalty of 50c to $1 for every tonne produced.

    For that corporation that desperately needs our 1.5 billion tonne PIOP here is the price based on the rough calculations compared to Cazaly's deal and for the outstanding shares that corporation wants:
    35 cents a share with a royalty of 50c to $1 and we get to keep Canegrass.

    Now we have a starting point for negotiations.

    https://thewest.com.au/business/mining/cazaly-in-deal-to-sell-parker-range-ng-b881227519z
    FMS Price at posting: 4.2¢ Sentiment: Hold Disclosure: Held
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