The dividend safety net may be gone for now. But there are other factors in play. Namely, the smelter spinoff and what ZFX intends to do with the proceeds.
With all that cash in the bank, ZFX will become both predator and prey.
Zinc spot price may also follow Copper back up. It was not long ago when everyone were bearish about the future of Copper, but it has bounced back nicely.
The ZFX share price also follows the ups and downs of the general market. If tomorrow turns out to be an up day then I think ZFX will be well supported.
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