CZL 0.00% 4.8¢ consolidated zinc limited

Ann: Plomosas Mine Production Report October 2018, page-19

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ANNOUNCEMENT SPONSORED BY PLUS500
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  1. 524 Posts.
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    Interesting seeing people’s take on this announcement While im disappointed with the low level of ore mined in relation to that forecast I’m extremely pleased with the 70% completion of the bypass to remove the bottle neck. From my understanding the 39% increase in ownership of Plomosas does not take effect until Dec effectively rendering any income earned between now and then discounted by 50 %. Great time IMO to focus on the bypass and have all systems ready for smooth operation by the end of Dec. As pointed out in previous posts the directors have taken large chunks at or above 2 cents so plenty of confidence in CZL to deliver. 

    GLTAH

    Cheers Rb 

 
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