Kruiser, I am a big believer Parker Range will be developed. The last piece of the puzzle is the port allocation.
The Esperance decision on the tenders to build is important millstone for CAZ. The state and federal govt have spent $120m on the infrastructure corridor through Esperance. It is hard to see the Esperance expansion going forward with out bankable projects. Caz are the only hopeful that have completed a feasibility study and have environmental approvals.
From memory they can get it on a boat for $80/t. Say they make $50/t on 5mt = $250M in profit a year. Due to the timing of the port decision the market has lost interest. Mkt cap is about $10m. In production Parker Range makes makes double that in a month.
On the Kwinana side, do Min Res have the Ore to do 10mtpa?
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Kruiser, I am a big believer Parker Range will be developed. The...
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.458M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $7.098K | 506.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2777422 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 906507 | 1 |
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| Last trade - 14.15pm 06/11/2024 (20 minute delay) ? |
| CAZ (ASX) Chart |
