G'day melinvest - so putting that slightly differently, Zenith has:so, circa $5M (+/-) in cash and readily monetisable shares at present.
- 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
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.
G'day melinvest - so putting that slightly differently, Zenith...
Add to My Watchlist
What is My Watchlist?