PRZ 0.00% 3.6¢ parazero limited

opinion?, page-3

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    A few projects in pipeline. Their main one being the Warburton Project. I have only looked at this one for the time being. One part of the project contains 9 EL's, and only one has granted and could be a beauty (E69/1564 )?

    The main targets lie in this granted tenement and all is on native title land. Forget about the other 8 of these tenements as they have only applied for these on 11 Nov 05, so they are months to years away from being granted, depending if they have to go through the native title access again, or whether because E69/1564 is granted the native title on this tenement applies to all of them?

    Checked other active holders around E69/1564, there are none granted, so this is virgin ground for a company exploration project anyway. Only three other ELA's has been applied for, none has been granted yet:

    E69/2066 - Reliance Minerals Ltd
    E69/2067 - Reliance Minerals Ltd
    E69/2143 - Consolidated Nickel Pty Ltd

    2 x Reliance Minerals ELA's is to the south and the other one lies to the east of PRZ's warbuton tenements.

    The good thing is that the Warburton/Blackstone road passes right through the middle of the tenements and road access should not be an issue.

    I have not researched their other tenements as yet.

    Then again have a look at the number of shares on issue.....

    PRZ - 17,487,545

    Market Cap only - $4,022,135

    Wouldn't take much to shoot this for multiple baggers. hhhmmm???

    From what I can see, that is all the listed shares on issue, no options. Looking at the top 20, this shows different, are these unlisted / directors / employee shares?

    I can't see much happening now until apr/may when they have a dill rig available. I may revisit this in a month or so.

    Click -> E69/1564 <- to view the satelite image of this tenement.
 
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