CZL 0.00% 4.8¢ consolidated zinc limited

Ann: Change of Director's Interest Notice-CZL.AX, page-21

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  1. 8,616 Posts.
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    Haha not to worry, the only time to worry about missing out is if you are not in it after I sell. That's usually when the SP goes bonkers.

    Also I've only bought a (very) small amount at this stage. I've sent a couple CZL announcements to a some knowledgeable friends to get their opinion and see if it matches up with mine.

    IMO it looks like an early stage IGO when IGO bought the Long nickel mine, or even NST when it bought out Paulsens. Ie tiny (likely) reserves due to deposit style but to produce for a lot longer as those reserves will continually be supplemented by continual development exploration drilling. Both those I bought immediately after project acquisition.

    Hopefully (assuming I decide to take a bigger stake) lightning strikes a 3rd time.

    This one is much less clear cut than either NST or IGO however, and its in Mexico, therefore much riskier. And one pretty significant proviso, management calibre is nowhere near in the same league as IGO or NST (Sorry Mr Dix).

    Cdchi1
 
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