Its worse case cause we dont need to issue the shares for the rest of the 49% till next year and if they pull their finger out we wont be issuing them shares this side of .04¢ ( Lower PE)
They only need $7m and some of that could be hedged against the sale of concentrates.
$10m market cap for such high grades and a mine and plant that just need a dapper up !!! WTF !
CZL Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held