Thanks Scarpa tidy post with just plain FA’s inserted. No bullshit pumping which is rare and nice to see these days. It really is easy to see a clear and conceptual pathway to 15 cents over the next 12 months with plenty of upside if conditions favour. While im not a huge follower I notice Morningstar are now at 4 cents on this and if the recent uptrend in zinc prices continues then it’s hard to see this below 4-5 cents for much longer. This is still a strong buy up to 5 cents IMO with a hold afterwards until 90% ownership achieved and production increase to 10,000 tpm is achieved where the next re rate will begin.
GLTAH
Cheers Rb
CZL Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held