ZNC zenith minerals limited

G'day melinvest - so putting that slightly differently, Zenith...

  1. 548 Posts.
    lightbulb Created with Sketch. 1486
    G'day melinvest - so putting that slightly differently, Zenith has:
    • 25% of Earaheedy, free carried until BFS (well into the future), so will get all its newsflow but none of its expenses for some while;
    • 3M RTR shares worth ~ $1.8M
    • $3.1M Cash at 31 March 2021
    so, circa $5M (+/-) in cash and readily monetisable shares at present.

    Speaking of assets, I do like the skilful way that they generate appealing Projects (smart acreage acquisition) and monetise them (with savvy win-win solutions). It's no wonder they have several exciting Projects on the go, with high potential drilling - in addition to Earaheedy - also happening right now.

    "Easy hold" as Lefevre recently said.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.