Down ramp all you like
I do my own research and apply my own valuations to companies and IMO CZL has been oversold.
Great resource
CEO who has the runs on the board
Falling dollar
Rising zinc and lead prices
Production eminent 2019
Plant in place for initial production
7 million MC for a business that expects to be turning over $140 million in under 18 months
Marwood needs 6 cents for hip options to be worth anything and even with a 50 % dilution a share price around 12 cents for his second LTI package to happen
I’m not saying this is a short term Kill but will definitely make many multiples of current sp over 3-5 years
Cheers Rb
CZL Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held