CAZ

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1.3¢ cazaly resources limited

Was at Gold Coast preso yesterday for CAZ and all praise for...

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22/06/18

15:50

Post #: 33888735
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Originally posted by brentv ↑

Yes CLA will be keen to increase news flows and detailed drilling reports after the share decline due to the delay in their scoping study.

Solid results from the northern drill sites would be very bullish for CAZ and confirm in my mind some at lease some level of viability for CAZ.

Don't get me wrong I am bullish as hell on CLA but if you look at their market cap of 106 Million dollars and CAZ's MC of 10.8 Million I know which company I would park some more of my Cobolt spec portfolio in.

CLA despite all it's not entirely undeserved hype is still some significant time away from a cobolt sale ( as is CAZ ) and when they do CAZ will be well positioned to leverage processing and refining infrastructure. It's hard to argue against BB's deft touch but Clive as you point out has extension Namibian experience and contacts and I also really like CAZ's choice to actually equity partner with a local producer. Point is I think CAZ may surprise the market with how quickly they can get things done once they know where to base their first mine.

I have a high probability in my thinking of CLA going gangbusters then a large cobolt consumer ( think BMW etc ) may be very interested in takeover play of CAZ. Imagine being able to mine your own cobolt for a market cap under 50 million dollars.

Good luck all and safe and productive travels Clive when you next have your boots on the ground.

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Was at Gold Coast preso yesterday for CAZ and all praise for CLA, reckon both may surprise market at the end fingers crossed.

CAZ Price at posting: 5.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 1.3¢		Change 0.000(0.00%)		Mkt cap ! $6.458M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
4	906923	1.3¢

Sellers (Offers)

Price($)	Vol.	No.
1.4¢	485041	2

View Market Depth

No.	Vol.	Price($)
1	100000	0.025
2	100000	0.024
2	143478	0.023
3	320000	0.022
2	156893	0.020

Price($)	Vol.	No.
0.029	92582	1
0.030	148628	5
0.031	225846	2
0.033	54000	2
0.034	100000	1

Last trade - 16.12pm 22/11/2024 (20 minute delay)

CAZ (ASX) Chart

Was at Gold Coast preso yesterday for CAZ and all praise for...

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Was at Gold Coast preso yesterday for CAZ and all praise for...

Top Stories

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

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Sellers (Offers)

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