Did anyone notice the last address to shareholders commenting on the disappointing performance of the share price considering the good news thats been delivered in the past 6 months. I think manaarement have themselves to blame on this one by not including the public in share placements.
Company says it is trying to rectify this by doing more conferences and broker presentations in order to sell the projects future prospects.
Another major placement is on the way with the 45 million shares to be issued to fund the scoping/feasability study which requires about $10-15M. Hopefully some in it for retail investors.
Diamond drilling has been underway for some time as is the scoping study. I feel we'll get more metallurgical test results again soon before the DD results are announced.
I agree with TevezFc as 7 cents now being a genuine base but if your not in before good news you'll pay closer to 10c on the day of announcements.
ZGM Price at posting:
7.4¢ Sentiment: Hold Disclosure: Held