ZNC zenith minerals limited

Promising results! This is worth noting:Rumble Resources...

  1. 195 Posts.
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    Promising results!

    This is worth noting:
    Rumble Resources Limited:
    An option agreement was executed with Rumble Resources Limited (RTR) over the Earaheedy Zinc project, asannounced to the ASX by RTR on the 12th October 2017. Zenith received RTR shares worth $50,000 as an initialoption payment. RTR may purchase a 75% interest in the Earaheedy Zinc project for $550k in shares within 2years, subject to a 2-year extension (for a further payment of $200k cash/shares at ZNC’s election). Upon exerciseof option to purchase the Earaheedy Zinc project by RTR, ZNC is then free carried at 25% to the end of a BFS.

    So by October 12th, Rumble have to pay Zenith either $200k (cash or shares) to extend the agreement or $550k (shares) to buy 75% and free carry ZNCs 25% (to end of BFS). Nice!
 
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(20min delay)
Last
3.6¢
Change
0.006(20.0%)
Mkt cap ! $14.82M
Open High Low Value Volume
4.0¢ 4.0¢ 3.6¢ $20.33K 554.1K

Buyers (Bids)

No. Vol. Price($)
1 200000 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 210354 2
View Market Depth
Last trade - 15.44pm 19/06/2025 (20 minute delay) ?
ZNC (ASX) Chart
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