Australia's largest stock trading and investment forum Australia's #1 stock forum

ZINC

Click for more information

0.08%

$2,575.9 zinc futures

ASX Zinc players list, page-375

First 375 Last

Share
Profile

Follow
redsceptre

5,336 Posts.

66

02/08/17

12:15

Post #: 26237862
Share

Originally posted by DrDann ↑

I know NCZ is bigger and at surface BUT they are still under the 3 percent.

With EMX their capital costs and costs of extraction are low because the infrastructure and access is there. EMX were targeting production within 12 months but based on the resource statement are looking at a plan to BRING THIS FORWARD. They could potentially be one of the first if not the first of the explorers into production.

EMX has done a lot of drilling and there are a number of areas that are above 6% for early drilling. You're right -40% probably won't stretch far, but it is a positive sign.

If they go into production soon, they will take advantage of current high prices which may not be there in a few years time when the others climb aboard. They can wait another decade for the cycle to come around.

I have put my money where my mouth is. I can see the arguments for RVR and to a lesser extent NCZ which is clearly where your money is. Screenshot the SP of all three and then again in December and we'll see how we fare. Hopefully all three will boom.

Expand

i think all three have every chance of being good bets, the zinc market FA is very positive at the moment, massive parallels to 2005-06, before it went to $3000+ and hit $4000+
2 Upvote

0 Great analysis

Reply

Top Stories

QXR

QX Resources increases US lithium footprint with key agreements

SKC

SkyCity jumps 2% after copping A$3.6M fine from NZ High Court – far below AUSTRAC's fine

LGM

Legacy hits high-grade gold, silver and copper through drilling at NSW's Bauloora

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

QML

QMines jumps +4.6% on drill hits boasting high copper grades

There are more pages in this discussion • 255 more messages in this thread...

First 375 Last

Add ZINC (LME) to my watchlist