yep got it.
IMO the 70% increase in resource has put this in a no brainer basket. They need to raise capital and to do so they need this study completed. These studies are alway reliant on external factors so we just have to wait till the numbers drop. IMO the better the results the more the demand will be for a larger allocation of a placement of capital raising. I think they only needed $8-10 mill which is peanuts compared to the money flowing into the Zn sector right now !
Looking at the charts of CZL it looks like its been bashed to bits and I truly hope if they did raise capital the market demand will force it past .02¢ . The other thing that may limit dilution and funding is if they sign the offtakes for the Zn.
So many variables to consider and thats why it's trading at less than .02¢ but i'm prepared to punt on this $13m Market Cap as it has a short timeline to production, the mines are already sunk and the grade is extraordinary.
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yep got it. IMO the 70% increase in resource has put this in a...
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