1-management was cornered to get this raise as there was no other option.
having multiple projects with minimal work done has not helped much. We shall see what can they unveil
2-we got Andrew grove who is a banker and now Euan
ex Macquarie and ex jp Morgan
to have these heavy weights on your board you would expect some serious lifting taking place.
3- now Zenith has about 4-5m in cash and to be spent on 2 copper gold projects ?
4-what about the lithium ? it has bottomed
if you drill few holes and expand the resources eg. the dolphin pegmatite next to RIO
by the time you finish drilling and get some results the lithium market conditions would have improved, Zenith will look sexier and multiple parties interested in more advanced lithium projects.
5-as they claimed they planned drilling hundreds of holes, might as well put some of them into action.
remember that lithium doesn't need extensive drilling like gold. few holes will tell you if you sitting on a decent pegmatite or not.
the stock market is forward looking and Zenith supposed to be the same.
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ZNC
zenith minerals limited
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3.6¢

1-management was cornered to get this raise as there was no...
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Last
3.6¢ |
Change
-0.005(12.2%) |
Mkt cap ! $14.82M |
Open | High | Low | Value | Volume |
4.1¢ | 4.1¢ | 3.6¢ | $906 | 23.44K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 31474 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 220000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 31474 | 0.036 |
1 | 21142 | 0.035 |
1 | 200000 | 0.034 |
1 | 200000 | 0.032 |
1 | 100000 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 220000 | 1 |
0.042 | 4859 | 1 |
0.044 | 50000 | 1 |
0.045 | 100000 | 1 |
0.050 | 843 | 1 |
Last trade - 11.54am 25/06/2025 (20 minute delay) ? |
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ZNC (ASX) Chart |