ZFX zinifex limited

20 dollars before we see 15 dollars

  1. 49,273 Posts.
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    My Prediction - For All On Hotcopper To See.

    Zinc was oversold.
    Fundamentals for Zinc at least for this year, and PROBABLY for next year, very good.
    Zinifex earnings are huge.
    Dividends increasing.
    Dugald River and other deals will overcome any nervousness re mine life or future reserves.
    Smelter spinoff gets rid of legacy costs.

    All good. THEREFORE;

    We'll see a share price of $20.00 before it ever goes to $15.00.

    If there is a general market crash I believe ZFX will be a bellweather stock, the yield and P/E are too attractive to cause any significant loss of capitalisation.

    So there it is.
 
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