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4.8¢ consolidated zinc limited

Standout is a good description IMHO, nice to see a little move...

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philh9

8,734 Posts.

220

03/06/16

16:16

Post #: 17946702
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Originally posted by jethro73 ↑

With zinc on an absolute tear at the moment this is simply a standout in comparison to its peers with regard to the grade and quality of the zinc resource on offer. CZL should be turning their Plomosas ground in Mexico into Swiss cheese as we speak as they close in on their maiden JORC this month. Get it right and as we have seen with RXL this could easily double in a day and still be undervalued. What I really like is the near term production potential of the asset - no waiting around for years for it to be developed just fire up the existing plant and watch the cash come rolling in. Plenty of cash too (~$6.5m) following the recent raise with the potential for further funds ($2m+) should the options be converted. CZL is in a great position and is poised for a massive re-rate as the boxes begin to get ticked starting with the hotly anticipated JORC.

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Standout is a good description IMHO, nice to see a little move today, I only keep one in each metal class, so nice to see a move on this one while on a bit of R&R.

Cheers and GL to holders

Phil.

CZL Price at posting: 4.7¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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