AZI 0.00% 3.3¢ altamin limited

Emerging Zinc and Uranium Developer

  1. 144 Posts.
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    Energia is well under the radar with their Italian projects. Main points people need to know:

    * Have an underground Zinc project with historical production in Gorno (sister city of Kalgoorlie) in Italy with walk up drill targets with rich Zinc and Lead intersections of up to 40% Zinc - currently drilling from underground.
    * Uranium project under application which has been delineated back in the 80s by the state energy company with high 1000-2000 ppm U3O8 grades with large amounts of underground development but no production.
    * MD sold companies to majors before after developing mining projects and owns a very large stake in the business and continuing to purchase $100,000's of stock on market in last 6 months at or above today's prices.
    * Paladin shares and cash to keep project development ticking along without raising more money.

    Appreciate some other opinions on risks they see with the companies strategy. I'm surprised this hasn't drawn any interest with the recent spike in zinc prices but it seems undiscovered.
 
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