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03/04/18
14:08
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Originally posted by phuket guy
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"Canaccord Genuity recently revised its long-term (from 2025) forecast for cobalt pricing upwards by 32 per cent to around $US108,000 per tonne."
guys what do you reckon? - is it worth having a punt on CAZ our new neighbours to the north and west riding in on our coat-tails?. Hey at $9 mill cap and only 200 mill shares there looking pretty cheap. ...does anyone know how much cash they have?
they have 27 kms of DOF - if its as consistent as we hope /think/are finding that could be a big wodge of Co/Cu.
or will bb try to swallow them for cla paper if they find anything decent ?
hey they may even luck out and find the feeder zone to the west?
or best to concentrate on what we know?
Any thoughts?
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CAZ low on cash