CAZ 5.00% 1.9¢ cazaly resources limited

good or bad , page-10

  1. 4,921 Posts.
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    Tongo, FP has hit the nail on the head

    CAZ is now back to square one, I dont believe the discussions are that well advanced, and given the Freo Port is run by the same people as Kwinana, it could be another long wait

    certainly the line for port access at Esperence is very long and would be surprised if they could get any let alone 4mtpa

    on top of that we now need to find someone to finance the project and to buy the ore, my understanding was that this had been locked away previously, so I guess our partners arent too keen on the alternative option(no mention of their support in the announcement)

    so what is your view? is this a success?

    share price has gone backwards over the last 12 months, little to no progress has been made, non core assets sold cheaply to focus on what is now arguably a stranded deposit

    I plan to sell, but certainly hoping a bumper WFE resource statement will assist in that process and help me recover some of my investment
 
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