CAZ 0.00% 1.4¢ cazaly resources limited

Management are impressive and been doing some reading on them as...

  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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