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3,756 Posts.
963
27/10/18
19:40
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For this stock it comes down to a simple question really.
"Do you believe in management?"
If yes then we are in early Q4 and should expect first shipping in the next fortnight
If yes then we should expect to see any further capital requirements come from mining profits
If yes then we should expect at today's zinc prices to see $10-15m LOM EBITDA
If yes then we are likely to see a further asset acquired before the EOY, possibly tin
If yes then further mine-able deposits will be progressed within the next 12 months.
What reason have they given to date not to believe them?
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