zinc prices up, page-6

tzn capitalisation low yes TZN have been serious with addressing environmental concerns - its listed on their website and is extremely thorough

its definitely going to go ahead, with mine decision in june. Slight 1 month delay from expected decision in may has gotten some holders worried - but in my opinion it just increases the certainty of it going ahead, as all the due process will be done better.

I expect about 2.20 or about $150M market cap, upon approval, which is in line with Jabiru Metals mkt cap a similar producer. Then i anticipate $300M mkt cap when it starts producing in 12 months time , assuming a PER of about 3-4x at current zinc prices(has stated earnings will be $100M per year), or about an 8x p/e at longer term zinc prices which is about right. ITs costs per unit are only 18cents per pound, so its a sustainable operation even at lower zinc prices. I'm assuming no earnings dilutions from share placements, which can alter my thesis.