ZEL 0.00% $3.45 z energy limited.

takeover, page-261

  1. 2,170 Posts.
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    They had the option to buy more shares today (last day at $5.40) - still thinking if i should buy it or not

    They purchase a very expensive mine - which required alot of capital to fund it.

    Country risk - spain may require more regulatory governance.
    Execution risk - can they get the mine operational efficiently?

    I am not sure how many years til yearly production output cover the cost of purchase?

    Also, moving into bear market with US and Eur and copper value fluctuate more than lithium.

    I prefer my lithium stock - i am holding SFR but only to test the water.

    I dont know about the future of copper value.

    I think you will only have small downward pressure if you buy at 5.40 - i purchase at $6.

    I should have purchase at $5.03 - the lowest i have seen it to average down.



 
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