What do you all think of CZR as a potential junior to buy. They are trading at $44M market cap. And their project has a CAPEX of $128M starts construction in 2025.
Roba Mesa Project
LOM - 8- 10 years.
C1 - $57/t
production 3.5t/pa.
Fe 62% (if calcined)
waste to strip ratio 1.0:1.0.
MGX could propose to purchase for $65M and then pay the CAPEx out of cash reserves. In three years time the Roba Mesa project mine will be fully operational.
What do you all think of CZR as a potential junior to buy. They...
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Last
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $300.7M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 25.5¢ | $245.7K | 956.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 311910 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 621620 | 32 |
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| Last trade - 14.03pm 25/06/2025 (20 minute delay) ? |
| MGX (ASX) Chart |