Hey Curiouser,
firstly, ZNC run a very tight ship (i.e, take a look at past quarterly's, say 18 months back). They are very careful with cash.
How can they fund all their proejcts, Teck covers most of Turkey. Lithium in the U.S they have a USD $5m free carry.
Then rest is on their backs. As for which project has the most merit right now. I guess the Lithium in the U.S, but... they are actively exploring for gold in multiple locations.
They will never be short of cash simply becaues their shareholder base is probably one of the strongest on the market. Most holders got their shares from the GIR split off. Amazing returns were made, ZNC is simply GIR v2.
Good luck with your investing.
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