This is an outstanding opportunity, and is the best of the zinc stocks in my view.
Try this:
-8th biggest zinc mine, in the world
-produces 120,000 tonnes of zinc PA, which is one-fifth of ZFX production, but is one-tenth of the market cap of Zinifex.
-Company say they can generate $35-$40 million surplus cash per quater @ zinc of US$1.02 per lb. @ US$1.35 per lb, that goes to $60 million plus per quarter.
-$100 million cash verse market cap of $450 million
- Resources upgrade/news due prior to Friday on possible production start up at Flinders, South Australia and new section at Broken Hill.
With buybacks and dividends soon, company should be able to skull drag the shareprice higher.
This is an outstanding opportunity, and is the best of the zinc...
Add to My Watchlist
What is My Watchlist?