ZYL - Looks like we will have a good pre open auction. Friday...

  1. 765 Posts.
    ZYL - Looks like we will have a good pre open auction. Friday closing auction was very interesting and shot the price up. BFS due within six months. ZYL is anthracite coal (the cleanest, highest quality kind of coal) explorer with tenements in the same coal province in South Africa as the RIV (riversdale) colliery in Africa. Current JORC is 20 million tonnes with inferred resource of 170mt. Technically, the next target is 11.5c then 13c range. Thanks KEVI for the chart on the ZYL thread.
    Market deapth @ 8:56am 72 buyers for 12,121,403 units 19 sellers for 1,978,056 units. Not that it means any thing as the friday buyers were all off screen buyers.


    GTG - Quarterly expected soon. Doing great in US and closed 12.5% UP at $4.05. Previous ann showed a higher licensing revenue in the Dec quarter which will be confirmed in the Quarterly due to be released shortly and a expected re-rating of the SP.

    GNM - I reckon its consolidating at these levels before the next leg up. Technically $1 is on the cards ST.

    IXR - Ann out. Final assay results are due to be announced any day now and an updated resource estimate within 3 months. Interesting times ahead imo.

    OVR - Accumulation happening. SP nudging up slowly and steadily.


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