M&A

Cazaly heading up to northern Namibia for cobalt

WITH Celsius Resources about to release an anticipated cobalt-copper resource at Opuwo, Cazaly Resources looks to have timed its run beautifully after committing to acquiring ground in northern Namibia next to Celsius just as its bank balance heads seriously south.

 Cazaly has been attracted to northern Namibia by Celsius' successful cobalt drilling.

Cazaly has been attracted to northern Namibia by Celsius' successful cobalt drilling.

Cazaly said it had completed its due diligence on the Kaoko Kobalt project and found no issues to stop it proceeding with an acquisition initially involving the issue of six million shares and expenditure...

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