Member Info for mcsquares

Very easy to sell at a premium- impossible to buy big

Currently 1.75m Assets £250k in cash 7m implied value in Korea Industrial land in the US Written off zinc deposit in Yemen Big gap to fill between 1.25 and 7.25million As a cash shell we look to be worth around 8million

The "know how" is the important thing Partnerships going forward are potentially what's in the bag. After discussing investment from these partners a debt free pathway to start over again with a clean slate may have been found Costly lessons in Korea can be avoided. They essentially may replicate with a lower cost of production elsewhere for the "investors"

MM paying almost the offer. Gobble gobble - they know the basic valuation on the 10% Sell off the 10% and we are an aim listed vas she'll with plenty of cash Double from here easy

Think you are spot on. Debt free cash flow. Worst case scenario 10% of a company that was based on distressed asset valuation. ( not the case anymore) the Koreans will want to enhance the facility. We either get bought out a premium to the 1.7pvaluation or we ride the coat tails of their success Remember where the company evolved from. These guys will have weighed up new possibilities - replicate.

Zinc will have a strong 2016 Funding will come in the form of Joint venture We will all be happy

shake attempt before Christmas. last hour santa rally to take us over 2p?

$1522

http://www.lme.com/metals/non-ferrous/zinc/

Back above $1500 a tonne Commodity market responding well to some dollar weakness Push back towards $1600 over the first few months of 2016 would be nice

Love a wee bit of manipulation. Unfortunately twitching pi's get mugged every time. Same pi's probably trying to get back in again now

What's ur buy in level folks - Market makers taking them in now Good luck to the sellers - everyone makes their own call Mine is long with a 5p target

Company is operationally sound Was$1m a month coming in Zinc 30% fall since May has placed a short term squeeze on the revenue Share price has fallen from 13p to basically price for collapse. Since then debt has been restructured- interest payments not due until end of 2016 On agreement for finance the placing to be attractive to all parties will be at a fair value based on zinc expectations for the next few years (the company will be on a sound footing and ready to take advantage of a zinc price recovery Gla

Not to many sellers so MM will scramble higher with any volume Any placing will be at a much higher level than here

Jumping around elsewhere this morning by the looks of it. Is it possible for Zox board to have an Rns during the trading day or are they always 7am for news? With so few days left to the end of the year they must be tidying up the legalese if they will have a definitive answer by year- end

Most likely one or two sellers hitting the bid to get out (prob on a nice profit so no shame theRe)

All continuing to rise this week. Faster this rise the stronger the cash investment case Commodities are a strong investment case for next year

Bit like yesterday. The big buys reported at the end of the day. These small sells will be filling another big order. Hence the 20% mark up at the start of trading to entice the sellers

Few high buyers from yesterday bailing this morning at their break evens. When this clears the trend will resume

Market makers taking it up sharply this morning- big buyer in the background