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How CZR Plans to Deploy A$70.5M After Robe Mesa Sale
6:01pm on Tuesday 9th of September, 2025 AEST
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Mining
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How CZR Plans to Deploy A$70.5M After Robe Mesa Sale
6:01pm on Tuesday 9th of September, 2025 AEST
Key Points
Sale of Robe Mesa Iron Ore Project finalized for ~A$75 million
Net cash received approximately A$70.49 million after repayments
Company becomes debt free with around A$65 million cash post-tax
Focus shifts to Croydon gold, Buddadoo copper, and Yarraloola iron ore projects
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