ZNC zenith minerals limited

Ann: Drilling to commence on Earaheedy manganese , page-6

  1. 1,695 Posts.
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    re: Ann: Drilling to commence on Earaheedy ma... I have as much of an idea as to drilling results as anybody else, so can only speculate that a few punters are positioning themselves for some good news, or there's a leak and insiders have seen some nice grades and are buying up the low hanging fruit. I've followed this for a long time, and generally, there's bugger all volume available. It regularly trades with no sellers willing to meet the market. The company has an excellent record of reporting to the market, and achieving results within expected time frames.

    The article basically reiterated the statement that Earaheedy could become a significant base metals province. The company has previously noted the similarities to the giant Kalahari Manganese fields in the RSA, which are the largest land-based sedimentary manganese deposits in the world. They got in to this area very early, and have 75 strike kms! Eventual tonnage could be very large - remember this is currently a $37m company, and they have multiple projects.

    Have a look at their Mt Alexander scoping study to see where they're headed.

 
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(20min delay)
Last
3.8¢
Change
0.001(2.70%)
Mkt cap ! $20.11M
Open High Low Value Volume
3.8¢ 3.8¢ 3.8¢ $27 698

Buyers (Bids)

No. Vol. Price($)
2 221302 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 143552 1
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Last trade - 12.17pm 07/08/2025 (20 minute delay) ?
ZNC (ASX) Chart
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