Welcome to all you wise buyers (in my opinion) just under 70...

Welcome to all you wise buyers (in my opinion) just under 70 cents. EPS after tax the next couple of years will be AT LEAST 3.5 cents per half year. So you just bought into a profitable, long term, growing, moated company, with an exposure to the gold price.... for a PE under 10. You clever buyers, you! Sadly for me I did not plan any Coronavirus, so I only had a little cash to buy at 70 cents. And my big holding got hammered. But, I am excited we did not go down more than the general market (about 10%). I cannot see how the general market will recover capital loss of the share values. But I sure can see how Zenith can recover our 10%. We just wait for the full year report. Which will be very, very good.

Of course there are many ongoing risks (meteorites, plagues, earthquakes)... but we are as well moated as we can be. We just need to be patient.

But the world must be so over leveraged. Did you see the gold miners get hammered today. Price of gold up and gold miners absolutely destroyed. Does it make any sense! As long as they are wise with their mining and making profit, the share price gyrations cannot hurt them. (same story as Zenith!)