CZL 0.00% 4.8¢ consolidated zinc limited

the zinc price is important, here: http://www.kitcometals.com/...

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  1. 28,706 Posts.
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    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

    .....
    Last edited by ddzx: 13/07/16
 
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