[ATTACH] Zn price undergoing further major correction as we...

Zn price undergoing further major correction as we speak, currently hovering above 2240 zn equ price needed to fund opex (SS Table 6, p.11).

Perhaps means little to the forum’s herd of zinc bulls, who have beady bloodshot eyes firmly focused on metals prices 2 or 3 years from now?

But with the company down to its last several million, nobody would disagree there’ll be a capital raise before much longer

How difficult will it be for co to raise for what may amount to a loss making project (or at best, one extremely marginal & risky), partic in midst of a worsening bear market and prevailing risk off sentiment?

Not suggesting money won’t/can’t be raised, but the discount demanded by opportunistic investors may be huge. Dilution incoming

This is my opinion of short to medium share price trajectory for azs based on recent and current commodity prices, the company’s own near term capital requirements, and assumptions outlined in the scoping study