ZNC 5.00% 3.8¢ zenith minerals limited

Timing

  1. 155 Posts.
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    We need to work on our timing. No drilling for 12 months on 2 promising lithium discoveries while the lithium sector is going crazy, and then the for-sale sign goes up as the sector is in free fall. Probably still some buyers around for these assets but they will be wanting to pick them up for next to nothing so not much chance of a decent offer for lithium in this market. Hope we don't give them away too cheap, I'd prefer a CR to do more drilling?
    I appreciate that the timing issue is 100% EVM's fault but very very frustrating to miss the lithium boom sitting on the sidelines with 2 projects that were worth multiples of our MC last year. At least we have them back 100%. Experienced board hopefully won't capitulate, better to play the long game.
 
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