This is how it raising in the spec end at the moment unfortunately...the options overhang is frustrating but rather than being pessimistic there are positives for the company. I am a big believer that there is more LOM and hopefully some of these funds will be used for fast tracking drilling. Once these issues with the plant are sorted there should be a good flow of income as production has ramped up. If zinc can hit 3000 during this period and LOM is increased this can become a very different company in a short period of time. It was always going to be a longer term hold going to mining off a scoping study and yes this has impacted the share price with issues with the plant. Lets hope these teething issues are solved and the company can now move forward.
SL1 Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held