ZNC zenith minerals limited

a billion tonnes of magnetite and manganese, page-5

  1. 1,695 Posts.
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    We can expect the following to come in the next 6 mnths:

    - forward funding plan including either a. cap raising, or b. farm out (maybe GIR will want more of this pie?). There may be some very favorable terms for existing holders included in this (let's hope so - the last set of options burnt many).
    - resources confirmed, JORC??
    - The size of the manganese discovery will be estimated to the market as per yesterday's release with the Magnetite.

    All of these are big drivers for the share price.

    I think the risk will steadily decrease from here, and once it does, many many more investors will jump on board. Keep in mind that this listed around 3 times where the sp currently sits. With the small amount of shares actually available for trade (once you exlude GIR) this could fly. You only need 200000 to get into the top 40 holders.... LOL.
 
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(20min delay)
Last
3.1¢
Change
-0.004(11.4%)
Mkt cap ! $16.41M
Open High Low Value Volume
3.5¢ 3.5¢ 3.1¢ $8.68K 279.8K

Buyers (Bids)

No. Vol. Price($)
5 466243 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 24871 1
View Market Depth
Last trade - 15.56pm 31/07/2025 (20 minute delay) ?
ZNC (ASX) Chart
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