CZI 0.00% 11.5¢ cassini resources limited

Regardless of the creative writing in the ann, I stand by...

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  1. 100 Posts.
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    Regardless of the creative writing in the ann, I stand by thoughts of yesterday, that the CR is not to do with WMP but with CZI's other tenements. Note the headline 3rd bullet point: "Funds raised will ensure the Company is well positioned throughout the Feasibility Study stages of the West Musgrave Project (WMP)" What does 'well-positioned' mean? I wonder given that the ann later describes the factual situation that the feasibility study is solely funded by OZL. I dismiss the idea, perhaps wrongly, that the funding will assist WMP at the time when Cassini has to drop in 30% post DFS - it'll need much more. Rather I see that Cassini is hoping for pay dirt elsewhere and that with Tinci Materials and other Chinese interests means OZL will have quite a fight on its hands if it hopes Cassini will be a pushover. And that is great for us!
 
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Currently unlisted public company.

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