ZNC
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6.25% 4.5¢ zenith minerals limited

There were no shares issued - options were issues but they are...

  1. naive lamb
    153 Posts.
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    04/11/23
    00:06
    Post #: 70723158
    There were no shares issued - options were issues but they are so far out of the money as to be worthless. The EVM deal has seen 8 or 9 m spent of tenements that the company never would have done and worst case we get them back 100%. EVM also took a placement that is way out of the money. DYOR. ZNC should have just charged ahead with the project - the last 6/9 months the JV could never have completed.
    ZNC Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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