Positive drilling is expected. The cash to develop the project is lacking. Therefore, more shares will be issued, or a farmout will be announced. In any case, there will be an expected dilution in the existing share equity. But.... if they have anywhere near the tonnage that the rock chip analysis has shown to possibly contain from Mt Alexander, the market cap could easily go ballistic in a short period of time. A Chinese company taking the entire operation out also can't be ruled out, and is probably the most likely scenario. Agree, hold on to your hats here, 2010 could be a very interesting year for this company.
All IMO and DYOR.
- Forums
- ASX - By Stock
- up 37% today mini fortescue???
ZNC
zenith minerals limited
Add to My Watchlist
13.9%
!
4.1¢

Positive drilling is expected. The cash to develop the project...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
4.1¢ |
Change
0.005(13.9%) |
Mkt cap ! $16.88M |
Open | High | Low | Value | Volume |
3.7¢ | 4.2¢ | 3.7¢ | $34.82K | 892.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 27483 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 11010 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 27483 | 0.036 |
1 | 21142 | 0.035 |
1 | 200000 | 0.034 |
1 | 200000 | 0.032 |
1 | 100000 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 11010 | 1 |
0.042 | 4859 | 1 |
0.044 | 50000 | 1 |
0.045 | 100000 | 1 |
0.051 | 57800 | 1 |
Last trade - 14.12pm 24/06/2025 (20 minute delay) ? |
Featured News
ZNC (ASX) Chart |