So a 10% increase in the LT zinc price from US 0.55c increases the value of ZFX to $4.13,right?
Well Mr Huntley, Zinc is already 15% higher than your base case and is only going in one direction in the medium term - UP!
Which means ZFX must be worth a F&*!#n motzer, as some have been saying for several month now. KZL and other zinc producers are all in the same boat.
Can't believe how late some of these so called analysts are to the party. Industry pundits have been predicting this since at least 2001. And people pay these guys money and trust them with their life savings!!!
So yesterday we saw some of the "smart money" move into ZFX,KZL, and presumably the other zinc producers(I don't follow the others). Maybe they have misssed the first 50% of sp increases but there's probably another 50% left to keep them smug.
Keep an eye on UCL which will be releasing the results of an initial bankable feasibility study on their massive Iran zinc deposits to the market this week. Maybe a good spec play here
Zinc
- Forums
- ASX - By Stock
- ZFX
- time to rethink zinc
ZFX
zinifex limited
time to rethink zinc, page-3
-
- There are more pages in this discussion • 1 more message 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 ZFX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online