Hello punters
If you are reading this then I most likely don’t have to paint the zinc picture for you but in case you’re from another planet basically it’s going to be well worth taking a speculative position given the record low stocks and China’s 5% decrease in production in 2018. So which stock????
After a year of due diligence I’m of the firm belief that CZL may be well placed
*Now mining
*Low sovereign risk
*Low MC / severely undervalued
*Marwood has runs on the board
*Delivering on estimates
*Zinc in demand
*Zinc battery technology
*High grade mine
*Low cost start up
*Reducing chance of future cap raise
*further cost reductions with development of mine*further exploration funded
*directors incentives in line with shareholders expectations
*first income due Jan19
*Potential LOM 20+ yrs*historically very low LME stockpile levels
*$US / AU exc rate well positioned
*directors with skin in the game
IMO just four more before this becomes a 50 cent share
?Develope own infrastructure
? Improve resource
? Prove profitability
?Pay a dividend
There are plenty of companies trading at a much higher MC than CZL with nowhere near as many boxes ticked I’m obviously not a very good forecaster as I would have thought after the recent production updates the price would be 3+ cents but I do believe that this is an opportunity deliver many multiples over the next 12 - 24 months. GLTAHCheers Rb
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