GDA good drinks australia ltd

iron ore resource upgrade

  1. 3,267 Posts.
    Today's announcement by CAZ is showing further upgrades to the resource. Good forward value for GDA. Good to see Cazaly is continuing to increase the resource in the jv tenements. Before the resource upgrade, the value to Gondwana could be something around or up to $3 to $4m (?)for it's forward share once they get contracts and sales underway. CAZ also seem to be gearing up with their cash raising for some action. They seem to have some MOU's getting set up, re rail and port access. A lot of further potential upgrades I'd think.
 
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