Hardrock,I can confirm that Caz are currently the legal owner of...

Hardrock,

I can confirm that Caz are currently the legal owner of the relevant lease.
If and when the decision falls Caz's way they will begin exploration drilling immediately and start preparing due diligence for mining operations. Even if Rio appeal it will not stop Caz getting on with the job of drilling and feasability.
I would imagine it would take around two years to finish that work and in that time if there was a challenge it would be over or Caz would be owned by someone else.

The cost of feasabilty is small fry compared to the rewards and also further cements Caz's right to retain ownership.

Lets remember that if Rio appeal it is not Rio vs Caz but Rio vs WA Govt. Not the ideal situation for Rio.

Either way, I don't see a lot of downside for medium or long term holders. I don't day trade as I don't see it as a positive form of investment. No offence if you do.