Zinc is used to galvanise steel. Steel is still being used in huge quantities by China, the emerging explosion of India, plus the rest of the globe. Zinc stockpiles are declining worldwide ( admittedly it is not a uniquie metal to find) but how many companies are geared up like AIM to take advantage of the existing supply and demand situation. Forget the share price that is just manipulators trying to make a quick buck.
The AIM resource is tested and proven to be ready for mining, the infrastructure is in place, $24million is now available to get the operation underway,the balance of funds is being organised by MF who does know how to negotiate a deal for the company and shareholders, government approval had been given by Africa, further exploration wiil increase the mine longetivety beyond the current 12 year expectation.
The price of zinc will in the short term be under pressue because of market manipultion, in the medium term an a decline in stockpile will occur and the price will rise.
How many zinc stocks are there ? very few. AIM is one that is focused on the zinc alone.
It will be a very successful company because there is no substitute for galvanising steel.
YOU MUST HAVE ZINC - YOU Dont need copper and the sooner it breaks away from its apron strings the better - and at some point in the future it will.
Good luck to all AIM shareholders you will be rewarded!
- Forums
- ASX - By Stock
- AIM
- the big picture
the big picture
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AIM (ASX) to my watchlist
|
|||||
Last
43.0¢ |
Change
-0.020(4.44%) |
Mkt cap ! $89.79M |
Open | High | Low | Value | Volume |
45.0¢ | 45.0¢ | 43.0¢ | $26.11K | 60.38K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14109 | 43.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.0¢ | 1086 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 8794 | 0.425 |
1 | 30000 | 0.420 |
1 | 20000 | 0.415 |
2 | 25000 | 0.410 |
2 | 23407 | 0.405 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 1086 | 1 |
0.450 | 128371 | 4 |
0.465 | 38517 | 1 |
0.470 | 27855 | 1 |
0.475 | 27260 | 1 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
Featured News
MND
Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?
NVA
Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter
AIM (ASX) Chart |