CAZ
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0.00% 1.3¢ cazaly resources limited

certainly not looking like its going to be good newsgiven WFE is...

  1. Kruiser
    3,947 Posts.
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    21/03/14
    10:01
    Post #: 13155750
    certainly not looking like its going to be good news

    given WFE is valued at $4m, you could say CAZ's share in Hammersley is also worth $4m

    CAZ has cash and shares worth about $1m

    so that leaves $4m in value to ascribe to Parker Range, Mt Angelo Cu/Zn, Anglo JV, royalty payments from PXG and all the others assets they have

    the junior market is truely in a bad space when Parker Range NPV is $300m plus at conservative Fe pricing, I realise no port access but other than that it is ready to go, got to be worth more than $4m to someone
    CAZ Price at posting: 7.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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