ZNC 10.0% 3.6¢ zenith minerals limited

Ann: Settlement of Debt Owed to Zenith, page-4

  1. 1,384 Posts.
    lightbulb Created with Sketch. 201
    i think you are right somehow on the sale/ drilling wording.
    they mentioned before that the best deals are not done in a commodity bear market. they laid the the land for us.
    and if no deal done, dunno how far the 400k will take us in drilling
    lithium is on the nose and all the other companies are down down not a good outlook atm
    zenith may end up single, without partner the SP will be hammered again
    if Zenith management has strong confidence that they are sitting on a decent deposit and they cant strike a deal, that means they couldn't negotiate a successful outcome, Shareholders will lose faith in the company and its management.
    they need to be transparent and tell us what sort of deals were offered with the digits and cents. who were the parties and what offers we got.
    if they do not, they put themselves in all kind of questions. remember the Tilbrook's are watching and they are happy to have another go.
    and possibly a please answer form from ASX.
 
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