Great find there Android. I totally missed the importance of that inclusion in the presentation.
I totally agree about how difficult it would be to buy a large parcel of shares in ZNC. It will be very tightly held by most, as really, the company was born from GIR... and those that held would rightly hope to see it done all over again (almost hard to believe that was 10 full years ago!)
So I did some more digging about ZNCs billionaire Lithium partner.
AN INTERVIEW WITH JIM MELLON, MASTER INVESTOR
This gives you a bit of insight into why he partnered with ZNC. Although I actually found out very little about the future listing of the Bradda Head IPO.
It would seem that a analyst might be following ZNC, but... not in a strong way yet.
Zenith Minerals Has High Hopes on Lithium Exploration
Finally, I found this rather bad audio interview from back in March.
Master Investor: Update on Lithium Projects - Zenith Resources
Its interesting really, after I had another look at the farm-in with Jim Mellon. Its not just the U.S $5m free carry, but also the $1.5m AUD he put into the company, plus the USD $500k payment for past work, so a total of around $8.5m AUD. Which even now is half of ZNCs market cap. If the Lithium project results prove good, ZNCs 30% free carrys (which include completion of 2 PFS study's) will be worth quite a lot of money.
With the iron ore price stabilized, I wonder if they could get a decent price for their project to fund even more exploration. Time will tell.
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zenith minerals limited
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Great find there Android. I totally missed the importance of...
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Last
3.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.82M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 138888 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 210354 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 138888 | 0.036 |
1 | 200000 | 0.034 |
1 | 200000 | 0.032 |
1 | 100000 | 0.031 |
3 | 73360 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 210354 | 2 |
0.037 | 68148 | 1 |
0.038 | 18037 | 1 |
0.040 | 47330 | 2 |
0.000 | 0 | 0 |
Last trade - 16.12pm 20/06/2025 (20 minute delay) ? |
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