Australia's largest stock trading and investment forum Australia's #1 stock forum

CZL

Click for more information

0.00%

4.8¢ consolidated zinc limited

Thanks, the only thing that confuses me in the report is the...

First 6 Last

Share
Profile

Follow
PinkDiamonds

3,390 Posts.

32

23/10/18

15:16

Post #: 36226663
Share

Originally posted by badhan ↑

Good find. This will have no barrier.

Expand

Thanks, the only thing that confuses me in the report is the quote the most recent CR as at 0.012c when it was 0.024c

Originally posted by PinkDiamonds ↑

Interesting that the Incentive Table on page 24 shows 90% of Plomosas to be obtained by the same date the options expire. Based on the below I'd feel safe to say there should be no reason why the SP won't get to $0.06 between now and 30 June 2020. I'm expecting 0.06c by 31st of Dec 2018, just my opinion though and could well be wrong.

The Incentive Options will be granted in three classes each exercisable at $0.06 and with the vesting date and specified expiry date set out below:

Class B Incentive Options
The date on which the Company achieves 90% equity in the Plomosas Project and commencement of early production
31 December 2018

Class B Incentive Options
The date on which the Company commissions plant and mine operations
30 September 2019

Class C Incentive Options
The date on which the Company achieves >200,000tpa production levels
30 June 2020

Expand

Apologies for the typo - the first Class should be noted at Class A not B.

CZL Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Chaos reigns markets – so let's take stock of where we're at ahead of December

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

First 6 Last

Add CZL (ASX) to my watchlist