CZN 10.0% 0.6¢ corazon mining limited

I've just been having a look into this announcement without...

  1. 76 Posts.
    I've just been having a look into this announcement without knowing much of CZN before this weekend.

    Firstly the announcement states the anomaly is 700km west of Alice Springs. Wikipedia shows Kiwikurra Community 850kms west of Alice Springs and then it's an extra 50kms to the anomalies based on the announcement. Wiki also shows Kiwikurra has been described as the most remote community in Australia.

    I like the idea of TUR but the execution is another thing. This is 900km from the closest town, along dirt tracks. I hope there's some contingency for complications in the drilling. And then anything beyond options is going to cost a hell of a lot to get anything done literally in the middle of nowhere. Not sure i'm convinced.
 
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