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Cazaly managing director Nathan McMahon.

Cazaly signs Esperance port agreement

Aspiring iron ore miner Cazaly Resources has announced agreements with engineering company Engenium and the Esperance port authority, which it hopes will provide short-term and long-term infrastructure solutions for its Parker Range project.

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Hope that Cazaly has a more binding agreement with this Port than ITC or Elders Forestry were able to negotiated for the export of 400,000 ton of wood chips per year.Which were due to commence in 2008. Currently $700 mill asset stranded without export facility and a Port not interested. Logging of 18 year old trees have commenced, to return land to pasture and cows. On present indications 50,000ha will go the same way when Elders cease paying for leases. Land owners will commence tree removal establishing pasture again to generate an income from their land. So much for reducing Australian CO2 levels and storing Carbon.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/09/18

1 year TSR5 year TSR
29thRed Emperor Resources200%4%
75thCentaurus Metals100%-42%
582ndHammer Metals-27%-24%
631stCazaly Resources-33%-26%
726thMEC Resources-50%-27%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

21/08/18
$0 Other
27/03/18
$39k Bought
08/01/18
$6k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

245th↑MEC Resources$123k
246th↓Centaurus Metals$123k
247th↓Cazaly Resources$120k
248th↑Red Emperor Resources$120k
249th↑Hammer Metals$114k
511 listed resources companies ranked by revenue.
Source: Morningstar

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