I don't quite understand the potential impact of the 6,000,000 additional shares issued as Compensation for JV Partners and Consultants. This could theoretically dilute the stock, yes? I understand its a very small issuance relative to total outstanding shares of 201MM.
I like how much skin in the game management has. And I like that consultants and partners are being paid in stock. I'm concerned about a bigger capital raise.
It seems like a $50MM Market Cap is a much more reasonable number.. Are we really looking at a 5X on this stock? I think both $CAZ and $CLA are potential 5X gains..
Ann: Cazaly to Proceed with Kaoko Kobalt Project, page-39
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.458M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $7.098K | 506.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2777422 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 906507 | 1 |
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| Last trade - 14.15pm 06/11/2024 (20 minute delay) ? |
| CAZ (ASX) Chart |
