certainly not looking like its going to be good news
given WFE is valued at $4m, you could say CAZ's share in Hammersley is also worth $4m
CAZ has cash and shares worth about $1m
so that leaves $4m in value to ascribe to Parker Range, Mt Angelo Cu/Zn, Anglo JV, royalty payments from PXG and all the others assets they have
the junior market is truely in a bad space when Parker Range NPV is $300m plus at conservative Fe pricing, I realise no port access but other than that it is ready to go, got to be worth more than $4m to someone
CAZ Price at posting:
7.5¢ Sentiment: Hold Disclosure: Held
