By way of background, NZEC are currently in the process of an Initial Public Offering (?IPO?). NZEC currently holds two exploration permits in New Zealand (Eltham and Castlepoint) with a further two awaiting ministerial approval (Ranui and East Cape). New Zealand operations are undertaken by an experienced local team as well as Canadian personnel who are bringing Canadian expertise and technology to New Zealand.
LME Price at posting:
9.5¢ Sentiment: Hold Disclosure: Held