ZFX zinifex limited

must have 3 billion in cash, page-3

  1. 5,233 Posts.
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    Badrimm
    they are looking at Gold copper and nickel. They have plenty of zinc....not to say they wont obtain more.

    The beauty of ZFX is this...they are about to change from a cash cow that pays massive divvies into a growth machine again. I expect the divvies to drop substantially from now on but the share price should start to act like a growth stock again and operate on higher PE ratios as they grow earnings and their reserves.
    A new more agressive CEO will do the trick. Greg Gailey did a great job but was too gentle. We want to see a good young company stripped violently of its budding young assets hehehehehe.

    Think for a moment of those of us who bought zfx in the $6 range (i know others have lower PP)... after recieving $3.15 in dividends the stock owes (incl frank credits) around $3. so when its $15 its a 5 bagger and at $30 it will be a 10 bagger.
    How long before we get there? who knows but patience is the key.


    cheers andrewe
 
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Currently unlisted public company.

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