I got out at 38 cents just before the ann on port access denied. Took a major tear in the process.
Esperance looks like it will be 12 months before they have expanded capacity. Unless there is another port also expanding that I am not aware of, this looks to be the next option for CAZ.
Therefore, nothing to get excited about for a year regarding port access.
Of course there will still be announcments coming out that will keep the share price reasonably steady. And if not, NM will probably buy more head stock to prop it, as history has shown.
Keeping my eye on this one. It still the capacity to go hard in the LT. I will no doubt jump on it again.
CAZ Price at posting:
34.5¢ Sentiment: None Disclosure: Not Held
