ZLD 2.86% 72.0¢ zelira therapeutics limited

gln trading halt, page-13

  1. 13,770 Posts.
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    From my enquiries it seems the Germans have taken up a few placements the latest at 18c so they at least have hope of a turn around.

    Bank debt is a bit of a millstone & the sooner it is paid off the better.Apparently the plant is now operating ok but grades are a bit low. A resource upgrade in due course.

    Probably time to buy a few more but I will sit & watch. I have been in & out of GLN over the years & currently holding a losing position (like most I guess) & whilst I try not to have 'old favourites' GLN is an old favoutite - sometimes 'we' learn the hardway.
 
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