Sorry, I should have referred to the Nebo-Babel PFS exploration...

First 4 Last

Share
Profile

Follow
arsenic

6,739 Posts.

179

24/05/18

14:14

Post #: 33291539
Share

Originally posted by arsenic ↑

There are two competing factors here.
1) Likelihood of near term exploration results.
2) the markets end of year tax selling. That is allied to the general market "sell in May and go away effect".
I suspect we're past the low point which was around 6.7c but I think were in what cricket commentators like to term "the corridor of uncertainty".

I don't know why anyone would be concerned about a cap raise. At the AGM Mike young took my question on the issue stood up an loudly said there is no need fro a cap raise in the foreseeable future. paraphrasing him, Firstly because they have some cash, secondly because for their own exploration they are supplementation with government grant funds and thirdly because the exportation and drilling including allied staff overheads (by which I mean he meant most overheads).

I haven't been saying anything about he mis-guided comments ( not form you) here because I have a lot of other exciting things going on. E.g the OZL takeover is being fought out with AVB holders claiming if OZL miss Avb they will have no growth. Really what is Nebo-Babel an emus egg?

Another thing I can draw investors attention to is the AMEC (Aust. Mining . Expl'n Companies) conference in id June. CZI won't be presenting but if you want to develop a depth of knowledge of the industry it's free for non-mining co. personnel i.e. investors. here the contact details.

Perth
6 Ord St
West Perth WA 6005
Phone: 1300 738 184

and the link to the program.

https://www.amec.org.au/Public/Even...bsiteKey=30dfef7f-89e3-4449-b99b-70329ebe8e48

Expand

Sorry, I should have referred to the Nebo-Babel PFS exploration as the third element of low/no costs.

CZI Price at posting: 7.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

1 Great analysis

Reply

Top Stories

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

HotCopper Highlights: Your most watched stocks for Week 46, 2024

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

There are more pages in this discussion • 15 more messages in this thread...

First 4 Last

Add CZI (ASX) to my watchlist

Sorry, I should have referred to the Nebo-Babel PFS exploration...

Top Stories

Banshee's historic trenches prove rich in antimony and gold for GDM

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

HotCopper Highlights: Your most watched stocks for Week 46, 2024

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

Cyclone signs MOU with Vale for development of Iron Bear play