It might but briefly. I’d expect these guys to start drilling infills and twinning to give themselves some announcement fodder in an effort to get their mates out or dilute as little as possible. Watch carefully the location of holes in the coming months. Long term value will only be created when they demonstrate cash flow and ownership of the project and probably will need a different board.
CZL Price at posting:
1.4¢ Sentiment: Sell Disclosure: Not Held
