CZL 0.00% 4.8¢ consolidated zinc limited

Very quiet on the CZL forums but that's ok. Sometimes no news is...

  1. 524 Posts.
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    Very quiet on the CZL forums but that's ok. Sometimes no news is good news. Marwood and Co busy pulling 3000 tonnes of ore out of plomosas this month hopefully and just starting to warm up. Nice to see the move to 90% ownership on time and as predicted. A great use of funds from a cap raise IMO. Nice to see Copoulos tip in $500,000 unsecured to help out until the income starts rolling in. Repaid in Feb and March so only $10K cost of funding. This will quickly become a market darling once targets are hit and income starts rolling in. Extremely undervalued at present IMO given they are mining. There are plenty of microcaps valued at 2x & 3x our MC and they are still drilling holes. Nothing romantic about zinc but with the extremely high grades at plomosas there should be plenty of margin to sustain any volatility in Zinc prices or unfavorable exchange rate movements.


    Anyway - a great new year to all CZL shareholders and we'll touch base again after the Dec production announcement.


    Cheers 

    Rb

 
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