zinc over 3700 now I reckon that means we now have a jorc asset with an in-ground value of $400m
mcap of MLS #12-13m
Oh and we still have $7m of cash.
asset upgarde coming, I still say 2m is on the cards and we will get the asset close to $1bn one day in the next couple of years with a zinc price of around $3750 - $4000
not for widows and orphans this one but massive upside potential, cash backing of 1c per share, current price 2.1c
dyor
announcement, page-12
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