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4.8¢ consolidated zinc limited

Ann: Plomosas Mine Production Report October 2018, page-24

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badhan

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09/11/18

16:19

Post #: 36451149
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Originally posted by ceh2009 ↑

Now blatantly obvious that the earlier announcement of production commencing was done to ramp share price ahead of calculating the VWAP for the 90%.
They have known for a long time that they are materially below target. So far that it’s laughable.
This last announcement is so full of crap speak. If they knew that this bypass needed to be completed and more trucks were needed then they also knew they’d never hit the target. What the hell is “contractor establishing support services”. He’s a contractor, he mines according to a program.
There is no way they will mine 100 tons a day this side of Christmas.

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My opinion is opposite to yours.

Price was low so not all holders participated on SPP. So the opportunity was created to take over remaining shares.

One week extension was another act that pushed the price down.

Don't you think they knew how much they were able to mine because of that bypass?

CZL Price at posting: 1.9¢ Sentiment: Buy Disclosure: Held
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