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4.8¢ consolidated zinc limited

Thanks ddzx Its seems we follow very similar stocks

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Zinzo

591 Posts.

39

13/07/16

11:56

Post #: 18258332
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Originally posted by ddzx ↑

the zinc price is important, here: http://www.kitcometals.com/ check 'charts' for historic prices & stock levels

producing & selling zinc generally incurs a 'smelter charge' of 20% to 30% of the revenue

for example, if the zinc market price is $1/lb, the miner might receive 75 cents/lb

many large zinc projects (eg. IBG) have low grade zinc (eg. 5% grade)

a good zinc grade probably starts at about 8% to 10% grade

CZL are targeting 25% grade zinc however the zinc lenses are very narrow, say 5 metre average

CZL have the mining infrastructure basically in place. therefore, it is the low CAPEX nature of CZL that makes it attractive

CZL could be mining zinc next year

if they did not already have a processing plant (upgrade needed) and tunnels in place, it may not be attractive due to the relatively narrow & deep lenses (shoots) of zinc

.....

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Thanks ddzx

Its seems we follow very similar stocks

CZL Price at posting: 4.6¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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