Unlikely as the 7c went to privates, more like traders that have bought in on news and have lost patience. Thinly traded.
Not much will change until they announce how they plan on raising the $10-15m for the scoping study.
45M shares to be released within the next 2 months after diamond drilling will provide more liquidity and a higher share price pending positive results.
200MT of Mo at the end of drilling might see an equity partner jump in and pay for the scoping and pre-feasability study.
ZGM Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held
