CAZ 0.00% 1.3¢ cazaly resources limited

re: take their names... nicwix The thing about the CAZ argument...

  1. 25 Posts.
    re: take their names... nicwix The thing about the CAZ argument is that the law is on CAZ’s side. If it doesn’t go to CAZ they are essentially rewriting the Mining Act. The lifeblood of Western Australia is mining. The foundation of the entire state can be traced back to the first gold rush in the 1890’s. Since then the Mining Act has always stated first come first served. Thousands of tenements have expired or been forfeited and in only one instance that anyone can remember (Paddington) has the state interest overruled the Mining Act. In that case hundreds of people would have lost jobs due to the closure of the mine. Shovelanna is not a key resource for Rio. It will not affect there plans for the mining and therefore it will not cost hundreds of people jobs. The Minister has to rule in CAZ’s favour otherwise as I have previously stated he will bring Soverign risk into WA. CAZ are legally and morally in the right. The Bet on CAZ is essentially a bet that WA has been doing the right thing in regards to miners for over 100 years and that the current government know this and will continue to do the right thing. I think CAZ are a 99.9999% chance to win and given those odds on a horse and the potential payout with CAZ even at these prices gives I would put money on the horse, as I have with CAZ.
 
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