CAZ 4.55% 2.3¢ cazaly resources limited

Technical Analysis, page-26

  1. 950 Posts.
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    Management are impressive and been doing some reading on them as of recent.

    I love mixed commodity plays like this especially when they have extremely high quality tenements. We know they are looking for a high quality acquisition with an already proven resource that's ready to be mined but aside from that let's look at what they have:

    Iron Ore - 2 advanced projects one with PF1 for 30% share in Hamersley for a huge project and the other with MIN for Parker range iron ore that's about to move into mining shortly with $10 mill in royalties for CAZ over the next few years plus.

    Gold - Highly prospective Ashburton tenement which is being lauded as one of the hottest gold projects around start exploring early next year

    Nickel - Mackenzie project JV with FIN for 30% share and awaiting assay results as well as further aggressive drilling until they find massive sulphides. Current drill results imminent.

    Copper & Zinc - Halls Creek with amazing copper/zinc grades

    Cobalt - Kaoko project Nambia which is both Cobalt and Copper and assays pending

    Platinum - Panton project they are currently bidding on, bid was placed in December 2019 so we should know very soon.

    Nickel - Browns Well project, field programs beginning once application and access is granted

    Plush $11 mill cash back all for a tiny market cap. No brainer
 
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Last
2.3¢
Change
0.001(4.55%)
Mkt cap ! $10.60M
Open High Low Value Volume
2.2¢ 2.4¢ 2.2¢ $19.29K 848.2K

Buyers (Bids)

No. Vol. Price($)
1 300000 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 68708 1
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Last trade - 15.55pm 30/07/2024 (20 minute delay) ?
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