They did have to postpone planned drilling at their Frankfield Hill gold target in Jan/Feb due to rain but it appeared that scheduled drilling at Anthony deposit wasnt unduly effected.
They have indicated a Capital raising during May/June but they had no trouble with a share issue last year to sophisticated investors and the subsequent SP was oversubscribed.
Assuming a continued demand and stable price for molybdenum IMO this is a no brainer. Bought in over 2 years ago at at a maximum of 22c and held during the GFC when the company was short of capital - have averaged down since drilling recommenced and looking forward to again participating in the next SP.
ZGM Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held