CAZ 0.00% 1.4¢ cazaly resources limited

Ann: Cazaly Increases Land Position at Kaoko Kobalt Project, page-10

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  1. 1,219 Posts.
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    I don't know but the smart money I think would be on CLA.

    CLA already have a drill rig set up and additional funding from the yesterdays cap raising trading halt should give them added confidence to really go for it.

    CAZ will get there but they would still be forming local relationships and trying to figure out the best way forward.

    That being said I think CAZ are mindful that the best thing they can do is get some firm drill to market as soon as possible.

    I know there is some cynism with the whole " nearology " thing but the way the geology is panning out and CLA's recent ann that they wish to drill closer to the CAZ border suggests that in this case some early excitement about CAZ is warranted.

    Cobolt looks happy to settle on the 88-90 us dollars a ton and that's so this Namabia find is likely to be the right place at the right time

    http://www.infomine.com/investment/metal-prices/cobalt/1-month/
 
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