Giz, yes, true, but these are now strategic minerals and will now, together with the zinc attract special government subsidies and incentives in exploration and likely production. What is the greatest need of any small explorer with this sort of prospect? Money. Exploration costs money. Lots.
How much money could IVZ attract from punters at what sort of massive dilution otherwise?
The money is in the zinc, especially, plus the high grade tin, silver, maybe lead. he reason the govt wants to incentivise zinc exploration is to get the gallium. The rest of the world outside China now wants it yesterday. Urgently. There is a fair bit of very low grade gallium etc around the world but it has to be produced as a by product of zinc mining at the moment.
We now know it's there in high enough grade, but how much is there? That will cost to find out. SRZ does not have the resources right now. I think the managers might be enquiring what assistance might be available to quickly drill out these Scamander prospects, especially this one.
- Forums
- ASX - By Stock
- Ann: New High Grade Polymetallic Discovery
Giz, yes, true, but these are now strategic minerals and will...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.83M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.0¢ | $13.45K | 651.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1351436 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 552518 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1351436 | 0.020 |
9 | 4250350 | 0.019 |
2 | 1555555 | 0.018 |
7 | 2301470 | 0.017 |
6 | 2235000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 552518 | 1 |
0.022 | 1723999 | 3 |
0.023 | 1201662 | 3 |
0.024 | 1100000 | 3 |
0.025 | 39402 | 1 |
Last trade - 15.59pm 28/06/2024 (20 minute delay) ? |
Featured News
SRZ (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online