ZRL zambezi resources limited

hang in there, page-2

  1. 157 Posts.
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    I also will hang in there

    Obvious issues to date include:
    1. End of year selling
    2. Market down generally prompt margin calls

    Primary issue appears to be the ire of environmentalists (google search it) - but I think this will be overcome eventually due to the strong support of the government and chief of local tribe - as this an area that hasn't benefited from the resource boom that other areas of Zambia have.

    Biggest concerns for me include:
    1. Lack of information coming from the company
    2. Selling off resource specific assets without transparent justification
    3. All these inter related companies
    4. Commissioning a copper only analysis of assets when the company was previously touting a multi resource asset

    But you have got to ask / be pleased that people have sunk fresh capital
    into the company. Does anyone know who these people are?

    Does anyone know what the likes of FP are saying about the company?
 
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