Good share, thanks @James1980 and commiserations re last night.
Re new projects/acquisitions, in the podcast Clive said that they’re still in the market for a new project and “we’re certainly on the case” despite it being a sellers market of late.
The usual whingers will complain that this is a lifestyle company and Nathan and Clive are sitting on their hands but that would ignore the facts. In the last few months we have acquired sole ownership of the prospective Halls Creek copper project that has potential for multiple rich copper ore bodies, as well as a significant land package in the Ashburton Basin in the Pilbara which as we know from DEG has potential for significant gold ore resources, albeit it is very early stage.
Given Nathan and Collectively own 15% of the business, they have a significant vested interest in creating value for shareholders. CAZ may not suit those looking for a quick bag but the portfolio approach is a much lower risk and more sustainable exploration model than having all your eggs in one project basket.
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Good share, thanks @James1980 and commiserations re last night....
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