Hi lads
I have been digging a bit deeper into CAZ.
They are in a much ealier stage of development than CLA but I would value some thoughts bounced around here.
CLA is developing the Opuwo Cobalt Project which has a total square meter size of 1470 square kilometers.
Source:
https://hotcopper.com.au/threads/an...ed-opuwo-cobalt-project.3660888/#.WsVzzIhuaUk
Right next door CAZ is developing the KAOKO KOBALT PROJECT which is only a tiny bit smaller with a total square meter size of ~970 km2 . The Area hosts the Neoproterozoic Kaoko Belt, which represents the western extensions of the Copper-belt of the DRC and Zambia.
View attachment 1043701
Source:
https://hotcopper.com.au/threads/ann-kaoko-kobalt-project-presentation.4099432/#.WsV43ohuaUk
The Kaoko Kobalt project is situated immediately to the north of, and abuts, Celsius’s Opuwo cobalt project.
At first glance it looks like CAZ is hitting slightly higher copper values and CLA more impressive Cobolt hits.
My question is that if the CLA JORG is very favourable there is possibility that the belt might run straight through both sites.
Given BB's talents I wonder if a take/over merger may be be on cards should CLA have some very pleasing news over the next few days. the combined weight of both these sites would give some lucky owner over 2000 sqaure kilometres of cobolt rich land in a stable democracy. Given CLA is already looking into next stage processing they would be be best advised to team up rather than both pursure the logistics cost seperately.
The market caps are very interesting . CLA is now nudging 85 million dollars over 15 cents but CAZ is still sitting at 9.6 million ( a factor of 8 difference ).
Worth keeping a very close eye on.
Particularly given a CAZ director just purchases some additional shares at market last Friday.
Any thoughts brains trust ?
