ZINC 0.08% $2,575.9 zinc futures

The Zinc Players

  1. 22,120 Posts.
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    Put together a list of the Zinc Players
    Based on the below I think IBG looks very cheap compared to TZN and could easily be double its current market cap maybe even higher since I see debt as a killer for spec miners. TZN actually surprised me in the review

    OVR seems a no brainer to me to rerate at least to a $10m market cap or 5c a share given peer comparisons

    MUX and EMX seem overvalued compared to the others but MUX may have easy access to production and early cash flow via a toll treatment to the nearby mills and EMX has the backing of a heavy hitter so probably explains the interest


    Code Shares Price MktCap Cash EV JORC
    TZN 1,250m 6c $75m -$20mDebt $95m   [email protected]%Zn+1.2%Pb owns 65% of project
    Those $20m in convertible debt are a bit of a worry

    IBG 440m 10c $44m   $5m $39m [email protected]% Zn+Pb
    Market leader for a world class Zinc Project

    MUX  165m   13c    $21m $4m $17m 2Mts@10%-15% might have easy access to early production because of location and infrastructure

    TRO 250m   7c $17.5m $500k $17m [email protected]%Zn+4%Pb+1.8%Cu was a takeover merger with HRR but these were the numbers it was done at


    AUQ   250m   4c   $10m    $3m $7m 26.1Mt at 3.3% Zn and 0.24% Cu  50%-60% INTEREST and political issues over project ownership need to be resolved

    EMX 560m 4c   $22m    $8m $14m No JORC Target Only 6Mt-10Mt@7%-10%Zn+Pb
    No JORC seems overvalued but thats what the market is saying


    OVR 200m    2c    $4m   $1m $3m [email protected]%Zn+Pb permit had expired and was only today renewed for 5yrs giving certainty over the deposit
 
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