ZNO 4.00% 2.4¢ zoono group limited

great punt with massive sulphides, page-8

  1. 23,832 Posts.
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    dirtyharry

    First round of results were certainly better. These are good but nothing that will make it explode.

    That being said, it should put a floor in the current shareprice at these levels as they intend to redrill along strike closer to MKBC002

    These results give it 'potential' for something a lot more exciting on next drilling

    Really like GSE at 0.007 / 0.008 - huge leverage

    $1M or so of MGV at a discount to cash backing and around $800k of their own cash.

    Once they get their own project, they'll be derisked a lot more and should get a few more price catalysts impacting the share price

    Think this will move to 1c gradually as opposed to the gap up we saw last time
 
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