ZGM 0.00% 0.6¢ zamia metals limited

looking strong today....., page-7

  1. 2,739 Posts.
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    ZGM is doing well.

    I just spotted IRC recently and took a small position.

    Has a resource of Mo and V (Molybdenum and Vanadium) whose in ground metal value is a staggering $900Bill - that's right $900 Bill... not million.
    Think of Olympic Dam proportions - that's what we have here.

    The V and Mo grades are just under WVL's vanadium and MOL's molybdenum grades and will be produced as co products.
    I think the feasibility study is a few months off... and they are trying to patent the production process they are developing to coproduce the 2 metals.

    RIO is pegging ground right next door so sees the potential here - and may have to use IRC's proprietory process.

    IRC also has a 13% holding in RWD .. which is worth a fair bit. .. so its Mo V project may only be valued at only $20 mill
    this may be worth a small punt ?
 
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Currently unlisted public company.

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