Member Info for Chrisking

Got my payout and shares today. Better late than never. I had 58k shares, so left with a couple of k. Not much. Looks like the Moxico was originally 1 quid a share as it shows as down by 75% in my hl account. What a shame this didn't work out. Lost a fair chunk of change. Shame the Chinese decided to dump metals at exactly the wrong time for this company and that the management didn't seem to get the various issues sorted out quickly enough.

I got nothing. No cheque, no dividend. Will investigate on Monday. I hold them with Hargreves.

Makes you wonder why they didn't sell that land back when they were in trouble. Could have bailed themselves out and kept the plant..... Idiots?

I'd say it's pretty bad. They are basically having to sell part of the company and saying that they will need to borrow more money or go under. As someone who bought this at 14p I'm definitely not selling, but I may regret it if it goes under...

Sorry for my ignorance, but now ZOX has been delisted how does one go about selling and buying the shares and checking the price?

The question is, why are they selling? Do they know something? Do we have a date for the next set of figures?

what happened to this company. Could have been great, but bad luck is bad luck..... that Zinc crash killed it....

Thing I don't understand is that at their best performance they only made 200k per month. They were never going to make that work... But why did all the big guys think this was a good bet?

I sold most of what I had at a loss at around 9p. I lost quite a bit of money on this as it looked so good at one point. I still have a little bit left in there. The only possible hope with this is that they can get rid of the Korea plant and start up something new in the future. I don't know how long these prices will last but the Korea plant is toast however you look at it. Real shame.

Glad that's out of the way. Quite tempted to buy a bunch at this price.......

http://www.mining.com/zinc-price-rally-has-further-to-go/

http://www.ft.com/cms/s/0/13252788-6e0e-11e5-aca9-d87542bf8673.html#axzz3o4xcCjev

Nice tick up today 9% so far!! I get the feeling that the low Zinc price has partly been about Glencore getting rid of a lot of debt by selling their Zinc stockpile. If they are now reducing their output to keep the Zinc price high this is really very good news. It means global giant Glencore is on our side, and will do their best to keep ZInc prices high. Very very good news......

http://seekingalpha.com/article/3558726-playing-the-deficit-in-the-zinc-market-for-expected-higher-prices

Why would it take 5 years? This thing is making money right now, it's just they've been spending lots on getting the stuff out there...... I guess they'll do a placing if they run out of cash, but that's hardly the end of the world.....

I would email tyru about that. It's a big deal.

'Spent'

I'm not sure why anyone would be worried about this stock. They've sent some cash! Big woopdiedoo!

davidpqz. Sounds like you are worried about this stock. Their cash flow is a bit dodgy, but they are in the shops now. They can always do another placing if they run out of money, and they should have plenty of income soon no?

At least I have had it confirmed in writing that they now have 200k of EAFD for the next year, which means they have absolutely no excuse for not running at full pelt....... knowing them the heat exchangers will blow up though....KRP seems to be run by Mr Bean.....