I Agree with Gapup here.
At 12 cents a share CAZ would still only have a MC of 24 Million.
If CLA reports good results in their Northern DOF then that would imply with reasonable certainty that that the seam is most likely continuous with the CAZ resource.
Admittetly CLA is more advanced in other areas but they are sitting on a 96 million MC.
I don't think 24 million is all that nuts for a signficant resource for metal likely worth more than 70,000 US a ton in the forseeable future.
Ann: Quarterly Cashflow Report, page-9
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