ZGM zamia metals limited

Interest starting to come into the stock awaiting drill results....

  1. cdo
    37 Posts.
    Interest starting to come into the stock awaiting drill results. Placement done at 7 cents to tight long term major shareholders. Has a market cap now of approx $10 mill with a resource estimate at 81 mill T @ .043 including high grade 13.5 Mill T @ .075. AQR (Aussie Resources) on the other hand has a resource estimate of 71.5 Mill T @ .034 and has a market cap 6 times more at $62 mill. Both companies are continuing drilling to update the resources. Am I missing something or is AQR overvalued or more likely ZGM well undervalued. Good drill reults should push price as it has before, and further if DD holes find good grade at depth. Good luck to holders.
 
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Currently unlisted public company.

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