CAZ
Market cap 6.3m
Cash 1.1m after capital raise
Iron ore prices rising.. Updated DFS for Parker Range Iron Ore Project due this quarter.
Parker Range Project is a near mine ready iron ore depoist.
Back in 2011, CAZ got offered 100 million in cash and 80 million in royalties for the Parker Range project. The offer fell over due to not gaining access to a port and low iron ore prices.
I think CAZ looks cheap and has huge potential!!
Short Term Trading Week Starting: 18 Mar, page-51
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