Zinc players Listed from Largest EV to smallest...
Updated update as at close 30 July, 2016.
1.AMI (NSW) EV $179.1m (SP 19.5c - Cap $75.6m - Cash $21.5m/Debt $125m) Producer Au + Zn
Earnt $30m Rev last Q.
2. RVR(QLD) EV $40.6m (SP 17.5c - CAP $51.76m - Cash $11.1m) + has plant. Thalaga JORC 2.3Mts@ 6.9%Zn+1.2%Cu+2.3%Pb+0.2g/t Au + 53g/t Ag 15.3% Zn Eq due to high credits
3. HRR (NSW) EV $39.8m (SP 15.5c - CAP $64.3m - Cash $22.8m + $1.7m inv) + Feas Study released July 2016. Woodlawn, High-grade (Zn+Cu+Pb+Ag+Au) - high value deposit. Underground 6.5Mts @17% ZnEq plus tailings project at 6%.
4. MRP (WA) EV $33m (SP 11.5c - Cap $36.47m - Cash $3.47m) + Silver and Gold. A high grade silver-zinc resource for the Nimbus project of 255,898 tonnes @ 773 g/t Ag (25 oz/t) and 13% Zinc
5. IBG(Greenland) EV $25.58m (SP 5.5c - CAP $27.8m - Cash $2.22m)
JORC [email protected]%Zn+ 0.4%Pb Large shallow resource but uncertainty over the project mining license
6. MCT (Admiral Bay WA) EV $24.77m (SP 6.9c - CAP $29.7m - Cash $4.924m) + Substantial Lithium assets. JORC 170mt@ 7.5% (Zn+Pb+Ag) Very deep underground deposit 1km deep?
7. RXL (NT) EV $23.2m (SP 2c Cap $24.7m - Cash $1.5m) explorer has substantial Gold and Nickel interests too.49%58Million Tonnes grading 12.7% Zn+Pb, (11.1% Zn, 1.6% Pb) Currently vending into IMI shell (TECK holds 51% going to 70%) but very deep underground deposit over 800-900ms deep?
8. EMX(Italy) EV $22.83m (SP 4.8c - CAP $29.23m - Cash $2.5m + $3.9m inv) [email protected]%Zn + 1.6%Pb + 25g/t Au - DFS due Dec 2016.
9. VXR (WA) EV $20.4m (SP .01c - CAP $26.1m - Cash $5.7m) + Copper/Zinc. New EV includes current raising which will take SOI to $2.61b but give them $5m extra cash. Quite dilutive at .006c. Whimm Creek JORC 4.6 Mt @ 0.9% Copper, 1.3% zinc, 0.5% lead, 24 g/t silver. Sulphur Springs JORC 13.4Mt grading 1.5% Cu and 4.0% Zn
10. CZL(Mexico) EV $13.91m (SP 4.3c - CAP $18.48m - Cash $4.57m) Current drilling +JORC due
11. GMR (Chile) EV $12.66m (SP 1.2c - CAP $17.26m - Cash $4.6m) 70% of [email protected]%Zn +1.4%Pb + 84g/t Ag
12. MZN (NT/WA) EV $11.7m (SP 1.3c - CAP $14.99m - Cash $3.28m) 3Mt at 5% Zn, 1.6%Pb and 15g/t Ag. TECK earning 70%. + has Lithium ground.
13. AUQ (Saudi A) EV $10.5m (SP 2.2c - CAP $13m - Cash $2.5m) + some Copper/Gold but outstanding Legal issues. New EV based on current 1:7 rights issue @2c raising + $1.45m [email protected]%Zn + 0.4%Cu
14. ZMI (Ireland) EV $10.13m (SP 2c – CAP $12.33m – Cash $2.2m) Kildare Project include 48m @ 12.2% Zn + Pb from 14m (HB107) and 61m @ 10.3% Zn + Pb from 6m
15. PNX (NT) EV $9.22m (SP 1.9c - CAP $9.66m - Cash $1.64m / Debt $1.2m) JORC2.8MTts@5% Zn +2g/t Au +143g/t Ag +1.2% Pb 14.5% Zn Equiv due to high grade credits
16.VAR (France) EV $8.95m (SP 2.2c – CAP $11.4m – Cash $2.45m) Mineral Resource of 2.2 million tonnes grading 6.0% zinc, 1.3% lead, 0.8% copper, 80.6 g/t silver and 0.9 g/t gold.
17. OVR (Canada) EV $3m (SP .009c - CAP $3.189m - Cash $180k)
I have gone through all current Quarterlies and 3Bs. Have included couple new ones + there are raises going on with AUQ and VXR + RXL vending Zn project.
Please advise if you pick up any mistakes.
CZL Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held