ZRL 0.00% 3.7¢ zambezi resources limited

linq capital and zrl, page-7

  1. 875 Posts.
    Thanks for the feedback Clogs, do appreciate your work.

    I am hoping that their skill and ability to actually get a company up and running will play through to explorer come producer with Zambezi. This really does have the chance to offer some fantastic returns at current levels (heavily discounted in my opinion). As i mentioned earlier, the current market cap is below a probable in situ market valuation. Of course, the risk profile is on the high side, but then so is the reward so its worth the punt IMO.

    They should get a good run soon on the back of some more assays and their already undervalued market cap irrespective of the small fry rights issue. I think this prospect is too big to let go off and really do look forward to a re-rating in the not too distant future.

    Within 3-4 months they may be able to more than double their in the ground resource. Exciting (not exiting) times ahead i trust.

    Have a good weekend.



 
watchlist Created with Sketch. Add ZRL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.