ZGM zamia metals limited
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Ann: Completion of Share Placement , page-4

  1. stumpjump
    473 Posts.
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    11/04/11
    16:23
    Post #: 8248271
    As the placement was always going to be oversubscibed, (Iwas scaled back 20%), why would ZGM not grab the extra $15m required to complete the FS. Unless they feel further drilling will result in a much higher SP and do the next CR at a small discount to that?
    ZGM Price at posting: 11.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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