CBH 0.00% 7.0¢ coolabah metals limited

Now now conquest, we all know rupert gets on the crack pipe from...

  1. 113 Posts.
    Now now conquest, we all know rupert gets on the crack pipe from time to time, but no need to get aggressive. Lets take a step back for a minute. So, our little retail broker Commsec values ZFX at $9. I suppose this has relevence to CBH in that the only way you could come up with a valuation like that is with a long term zinc price assumption south of 60c/lb. Let me run through where some of the big boys, who actually could move ZFX's share price value it. UBS - $18.30, RBC - $21.00, Morgan Stanley $20.00, Citigroup - $20.00, Credit Suisse - $19.72. Lets just say the consensus amongst the wider investment community is for sustained, strong zinc prices.
 
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