I think your right that CLA is only a scoping study away from a MC of several million dollars.
I believe the CAZ GEO team is on sight this week making preliminary moves to start drill samples.
Should not be too long before the magnetic disturbance alluded to in previous announcements is confirmed as a significant cobolt find.
Caz is already a bargain if they can find a resource 10% of CLA's massive resource. On the off chance they find something similar in magnitude this this would be a Disallowed just to get near CLA's current undervalued MC.
CAZ is the most exciting spec on the ASX in my mind. Cashed up and ready to confirm suspicions.
A CAZ/ CLA takeover or merger or processing co-sharing agreement has to be in the medium term pipeline too if the resource can be confirmed.
