ZNC zenith minerals limited
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Mt IDA Ignored as is free carry.

  1. Phoenix11
    516 Posts.
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    26/10/22
    09:17
    Post #: 64398150
    Amazing that SGQ has added $15m in valuation since the Mt Ida project started attracting attention and ZNC has added nothing?Zenith should just about have completed the 12 RC holes at Mt Ida project so results probably two weeks away.PLUS the Diamond Rig is continuing at Split Rocks and you would expect some holes in the lab so we due plenty of news.
    Plus upcoming AGM should enable them to talk more about what is going on and we expect an EGM announcement any day to approve the Spinoff of MACKEREL.
    Given the price of free carried interests following BRB deal think Mackerel will be able to sell the 25% free carried plus pre emptive for min A$150M
    If they return the capital you will be in Mackerel for free .!!
    ZNC Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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3.1¢ 		Change
-0.008(20.5%) 		Mkt cap ! $12.76M
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Last trade - 14.50pm 16/06/2025 (20 minute delay) ?
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