CZL 0.00% 4.8¢ consolidated zinc limited

Hi Sodgei believe the BFS will be released by end of the current...

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    Hi Sodge
    i believe the BFS will be released by end of the current quarter and a resource upgrade during the second half. Plenty happening in the Zinc space with about two days supply remaining. Pushed above AU $4000 p/t for the first time in a while yesterday and with production in March expected to be 7000 tonnes @15% Zn we should be looking at around AU $2.1 million free cashflow for the month. Not bad for a company with a current MC of $22 million. By the end of this month at current SP we will be trading at around 1x earnings. 
    Patience required here as this will run shortly. Not sure what sellers are thinking but with a great news flow and improving supply demand metrics, improved production, reductions in costs and a solid exporters exchange rate this should only move one way. 
    GLTAH
    CHEERS Rb 
 
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