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4.76% 2.0¢ cazaly resources limited

Surething. well put argument.If CAZ hold the lease over the...

  1. hardrock
    430 Posts.
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    12/03/06
    14:23
    Post #: 1427230
    Surething. well put argument.
    If CAZ hold the lease over the tenement then they are the incumbent & lets face it 'possession is 9/10th'. I haven't read all the announcements for both companies on this matter as I generally follow different stocks but if the lease has been granted by the department then CAZ have a strong position. However make no mistake they will not be doing anything with it until RIO has exhausted every legal avenue available to them (in the event of a CAZ ruling) & this will take several years.
    I wouldn't be holding out for a CAZ divvy any time soon.
    ps. please clarify if the lease is actually granted to CAZ, I don't have this info.
    Hardrock.
    CAZ Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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