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ZNC

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2.78%

7.0¢ zenith minerals limited

I would guess that the EVM Joint Venture gives EVM the sole...

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WindscreenBug

150 Posts.

29

24/10/23

14:04

Post #: 70506846
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Originally posted by naive lamb: ↑

I do not understand why they have not just gone out and continued the work. EV Metals are in a position where they cannot complete a DFS in the time frame and quite frankly have been in that position for most or all of this year. Why does Zenith just go ahead and drill itself - the project is coming back to them anyway. They are sitting still (ie going backwards) in the middle of the greatest lithium bull market we will ever see.

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I would guess that the EVM Joint Venture gives EVM the sole right to fund, manage and operate activity on the leases? ZNC would likely be in breach of agreement if they went solo, and lawyers may get involved. Just have to wait until JV term expires....

ZNC Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.0¢		Change -0.002(2.78%)		Mkt cap ! $24.66M

Open	High	Low	Value	Volume
6.9¢	7.0¢	6.9¢	$2.452K	35.41K

Buyers (Bids)

No.	Vol.	Price($)
1	50000	6.8¢

Sellers (Offers)

Price($)	Vol.	No.
7.1¢	25000	1

View Market Depth

No.	Vol.	Price($)
1	50000	0.068
1	30000	0.066
1	153846	0.065
1	8000	0.064
1	75000	0.060

Price($)	Vol.	No.
0.071	25000	1
0.072	36320	2
0.075	55000	2
0.077	25000	1
0.080	1	1

Last trade - 11.36am 27/05/2024 (20 minute delay)

ZNC (ASX) Chart