CBH 0.00% 7.0¢ coolabah metals limited

big zinc rally coming lme down 1950t, page-4

  1. 113 Posts.
    Now now conquest, we all know rupert gets on the crack pipe from time to time, but no need to get aggressive. Lets take a step back for a minute. So, our little retail broker Commsec values ZFX at $9. I suppose this has relevence to CBH in that the only way you could come up with a valuation like that is with a long term zinc price assumption south of 60c/lb. Let me run through where some of the big boys, who actually could move ZFX's share price value it. UBS - $18.30, RBC - $21.00, Morgan Stanley $20.00, Citigroup - $20.00, Credit Suisse - $19.72. Lets just say the consensus amongst the wider investment community is for sustained, strong zinc prices.
 
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