ZNC 6.38% 5.0¢ zenith minerals limited

Ann: Significant Gold Intersections - Dulcie Far North, page-19

  1. 153 Posts.
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    If the idea was to put DL into place as an Executive Chairman in charge of marketing the company - the idea has unfortunately failed. If I was in DL's position I would have resigned by now. He has been defeated in both his efforts to be granted options to date and has seen a 75% fall in the share price since his appointment. I have certainly not noticed an increase in support or communication with the market during his time. There is only one more substantial measure left to those shareholders.

    There is no plan going forward. Why doesnt ZNC just go and drill the lithium? If EVM cant fulfil its JV terms - then go ahead and drill. You can always negotiate a varied JV agreement at a future point. The market wants lithium - not a smattering of drilling on various projects that seems the company has no real overarching plan.
 
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