CAZ 6.67% 1.6¢ cazaly resources limited

good or bad , page-15

  1. 433 Posts.
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    I really don't know what some of you guys are complaining about, somebody please set me right....

    Back of envelope:

    $1.4mill T access = $140,000,000 cash in the back after the first year, which could be by Xmas next year.

    NPV - $372mill = $3.40 ish per share, current 36c....

    Market Cap is at $40mill for christs sake...

    This thing will be up over 50c before you know it and on it's way to $1....I think it was a great announcement, they can make sure they get to $1.4mill Year 1, and ramp up for the rest Year 2....

    Not the best possible announcement...but still good.

    THEY HAVE PORT ACCESS!!!

 
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