CAZ
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6.67% 1.6¢ cazaly resources limited

they wont pay 50c on the full resource only CAZs 49%i.e. say...

  1. Kruiser
    3,947 Posts.
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    17/02/11
    20:20
    Post #: 7910778
    they wont pay 50c on the full resource only CAZs 49%

    i.e. say 300mt x 49% x 0.50 equals $73.5m or about 60c per share

    thats my understanding, still a great kicker for a non core asset plus they still have other pilbara tenements to play round with
    CAZ Price at posting: 38.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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