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Someone stocking up before the lights go out ??
MMs raising price to encourage PI buying so they can run down their own stock Works every time !!
Someone sold a bit (I get that ! ) ........ then someone bought a bit more !! ? (nop I don't get that) Maybe they are betting on a delisting so no one can buy then ZnO get a deal and get re-listed with a value. Geez in our dreams ..... still with AIM ....... it is AIM I wish then luck
Hi, I am in the same as you - just a bit left in hopes! That's investing in AIM.
Check the Co Comms ...... I believe they say in one of them they are looking over the dumps of a large Mining complex now shut down. I don't have much hope this will rise from the dust. But I have a small amount of cash in here which I will leave just in case. Not an investment decision. If I sell then bet my bottom dollar they will present the market with a juicy deal Or ..... they warned us they may not get a deal and would have to de list ....... guess what its happening. This last RNS says they have quite a lot of debt and climbing at 6% which will all need repaying and it will probably come close to cancel out any cash balance there may be from our remaining holding in ZnO. Guess what ? ............ DYOR and have a good laugh at my lousy investment decisions.
Anyone?
I understand your points, but do you think they might have something viable in mind in S America? Is it worth hanging in to the cash shell, after all, 6 months grace period is a long time.atb, larryh
......... very expensive thing to do. I suspect a load of wet chemistry leaching processes are going to lead the way forward in a low cost environment. So it will prove difficult to bring our technology to bear. Also I have a sense that our BOD have been exhausted with the effort to try to make ZnO work and are just not vigorous enough. It is dead money and technologies are moving on I suspect. Every dog has its day and its not ours today or even tomorrow ......... I actually suspect we have had our day. No doubt that debt includes payment into pension funds for Managers and BOD. Shareholders will get cleaned out. Zinc price riding high just now so ........
Is it actually dead tho' CK ? Or just ............ Ah well , time will tell , i still think there's hope , but not much ?! A few decent buys in amidst the panicked herd bailing out . GL
what happened to this company. Could have been great, but bad luck is bad luck..... that Zinc crash killed it....
I just knew it would rise again after I sold!
Bailed at 0.42, only had a few left over from previous sells, haven't bought anything for ages , selling everything when i have to.
at 0.36 !! Lost a chuck.
Managed to get out by the skin of my teeth at 0.60
for days we are getting buys from MM ahead of sells to MMs The meaning is beyond me but I will buy when and where I can. They signalled a couple of months ago they are snaffling around South America and in particular Peru and they are interested in multi mineral spoil dumps .......... which is good. Doesn't close our interest in Zn but I do think this separates us from Vietnam. My reading on South East Asia is leaving me with a sense that it isn't easy to strike deals in Asia these days so ..... Peru is good and they have lots of mining waste to keep us going for decades. ....and yes MMs are sneaking it down but who knows why ??
...this really is. Every day lower and lower
Zinc price roaring ahead. Giving 90% ZnO to Korean Zinc in settlement for the debt might look like a mistake one day soon. Not a simple judgement but Zn price definitely on the up. Oh well good luck to them Lets get our next project going and have some fun
Zinc price roaring ahead. Giving 90% ZnO to Korean Zinc in settlement for the debt might look like a mistake one day soon. Not a simple judgement but Zn price definitely on the up. Oh well good luck to them Lets get our next project going and have some fun
...just SP slowly decreasing!!!!!!
Could be ....... At least at a premium which suggests a positive future. and surely an incentive to get something up and running and some faith that they will secure finance to get something built.
Of a big environmental disaster along Vietnamese coast line caused by a giant steel mill (200 miles damaged). Anyone else seen it ?? I guess it might help motivate a more urgent approach to organizing clean up of dumps. Could it be the cash raising is timed to be just before the delisting and again the buying is so that when listed again folks can realize decent gains on the re-listing. ?? Just a thought.
all gone a bit quite again
Just spotted my Buy showing on this board as a sell. So I'm sure there are a lot more like it.
NICE RNS . Like the sound of this : This Placing gives the Company the wherewithal to evaluate various exciting opportunities using our extensive metallurgical expertise Good luck all