AIM 4.65% 82.0¢ ai-media technologies limited

lowest zinc price in 29 months, page-3

  1. 7,374 Posts.
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    Interesting scenario. The zinc price continues to decline, intereset rates continue to go up, oil is rocketing northwards, AIM cannot get the offtakes and finance locked away, the materials market has the staggers and is heading south.

    Then again, iron ore is hot property, China continues to look ahead & is pouring money into African resource and energy projects.
    AIM is one of the very few new zinc mines in progress around the world and ready to deliver a high grade ore along with a lot of other resource possibilities. Every day it gets closer to stockpiing over $1 billion dollars of zinc concentrate, its just a matter of opening the shop doors when the stock is ready and the sale begins. If focusing on the past, the fog settles in and obscures the view, however its a short trip above the low flying cloud into the sunshine. Maybe the next annoucnement could be a J/V, a huge resource find, offtakes complete, finance organised, sale of existing acquistion, resource extension, gold find, exciting results from Mumbwa, Bills handicap has come down by 2 shots. It could be anything.

    If one is looking into the future when the market does stabalise and move forward again, and if AIM continues with the mine development and making positive statements re other acquisitions, the company will then be in good position to take advantage of any upturn.

    Smidge of pain at the moment though. Its like being run over by a truck and someone comes along and offers you a bandaid to repair the damage. There is an ambulance on the way with all the mod cons.

    I see huge opportunities ahead.
 
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