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4.8¢ consolidated zinc limited

Good analysis @TTrader. I checked your numbers and agree mate,...

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Danzar

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29/01/19

21:37

Post #: 37257086
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Originally posted by TTrader: ↑

Thoughts on the Dec-Q:
Productions figs pre-released, nothing new.
Revenue $nil, but trade receivables due for payment from Grupo Mexico were US$500k and the value of ore delivered not invoiced of US$100k (approx $A800k total) for the 3.5 kt of ore delivered.
Mar-Q revenue at a rate of 4ktpm could be around $3.5m.
Mar-Q outgoings of $4.2m leaves a burn of $0.7m, based on the revenue est. above.
Demonstrates the leverage to getting production up to the 10ktpm target.

*Obviously these are all rough numbers.

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Good analysis @TTrader. I checked your numbers and agree mate, probably closer to $1 million cash in hand at the end of March. Leaves a 25% room for error.
CZL Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
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