I think we should see a good gap up tomorrow as people internalise the news.
There is very few large zinc resources globally and the ones that are discovered have sovereign risk , geographical limitations, lowish zinc %. This discovery has it all , a huge high grade zinc resources in Australia.
The value of their 30% stake has potential to worry 100s of millions.
The most exciting part is there is a huge zinc deficit on its way and thus by the time the project is developed , it could be producing just when zinc price is flying.
Market cap should be at least 60m based on current news IMO
I think we should see a good gap up tomorrow as people...
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Last
15.8¢ |
Change
0.003(1.61%) |
Mkt cap ! $57.48M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.8¢ | 15.0¢ | $92.95K | 602.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 121212 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 356030 | 5 |
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| Last trade - 11.47am 25/11/2024 (20 minute delay) ? |
| RXL (ASX) Chart |
