I wouldn't be worried about TA with Cassini, it will be OZ Minerals takeover that makes this soar like any TO would.
Just read OZLs last few updates and presentations. Cassini has ground BIGGER and more valuable than Carpinteria. They have already acknowledged this... OZL will not walk away.
OZL is cashed up to the hilt, they will get the feasibility study and then TO. I expect this by EOY / Q4.
The only question that remains is how much for 30% of a billion dollar resource? 50c? 70c? 1.00? Or more?
With only 260mill shares on issue, cash in the bank and no plans or NEED to CAP raise, this TO will be very very handsome.
CZI Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held
