Zincox Share Discussion Threads

[cestnous] 27/4/2015 13:52

Hi RIv. Been watching this for an age but I think the Co. looks like it's got things sorted now and I expect the share price to climb from here (imo). Seems we have several stocks in common :¬)

Edit; Have you any thoughts on how and when they will finance the Thailand plant?

[rivaldo] 27/4/2015 13:37

New interview with the CEO....

[oshy92] 27/4/2015 09:57

Morning all. Please find below a link to watch a new interview with ZincOx's CEO Andrew Woollett

www.fmp-tv.co.uk/companies/zincox

[cestnous] 25/4/2015 17:27

Nice find loganair. Thanks.

[loganair] 25/4/2015 13:11

The Common Man: The Case for Zinc By Resource Investing News:

I've been thinking a lot about base metals lately, in particular copper and zinc.

Part of my investment strategy is to find opportunities in the mining sector where commodities prices will increase longer term, to try to get in at or near the bottom and enjoy the climb.

Coal and iron ore appear to be out, at least in the short term. An oversupply of both steelmaking ingredients, due in part to the economic slowdown in China, has caused the price of each to sink even deeper in recent months. Gold and silver have also been hard hit the past two years. Fewer investors are turning to those precious metals as a safe haven, particularly as the American economy and the US currency stage a steady recovery.

The only bright spots, according to recent forecasts, appear to be in base metals such as copper and zinc.

Experts at TD Securities say the European Central Bank's recent stimulus program and further easing in Chinese monetary policy could help boost demand for these industrial metals. They also throw nickel in the mix.

"Nickel and zinc have the most upside potential, as both markets are expected to become quite tight over the forecast horizon," TD states in a recent report.

Zinc

Zinc is one of the most widely consumed metals in the world, up there with iron, aluminum and copper. It's used mainly to galvanize steel, is combined with copper and other metals to form materials used in cars and household fixtures and is also important for health in that it's a necessary element for the growth and development of humans, animals and plants.

That's your zinc lesson. But what about zinc production and how you can make money from it? There have been many reports lately that zinc mines around the world are slowing, being tapped out, which could create a supply shortage and in turn lead to price increases.

Examples include the closure of Xstrata zinc mines in Canada in recent years, the Lisheen mine in Ireland and the Century zinc mine in Australia, which is set to close later this year. TD states in recent note that the closure of the Century mine could be a "significant catalyst" that could drive zinc prices higher in the near future. Its long-term forecast for zinc is an average of US$1.10 per pound, which is up from around 99 cents today. That should help put a floor on zinc prices, and give stocks a boost.

"Zinc, like all metals, is facing uncertainty about demand given the slowdown in China," notes Caroline Bain, senior commodities economist at Capital Economics, in a recent report. 
"But we think that the possibility of further targeted stimulus by the authorities has risen and feel confident that the economy will avoid a hard landing."

Adds Bain, "it is the supply outlook that differentiates zinc from some of the other metals. The deficit in the market — even with relatively subdued demand forecasts — is likely to widen owing to mine closures."

[rivaldo] 23/4/2015 11:58

Nice 205,000 buy at 10.88p just reported.

Hi cestnous, no probs. This is a nice quiet thread, which is very good news :o))

[cestnous] 23/4/2015 11:39

Thanks for the work on the thread Rivaldo. Have pinched that link for the CR thread; hope you don't mind.

[rivaldo] 23/4/2015 10:07

Zinc price gaining fast and looking good:



"Zinc Posts Biggest Two-Day Gain in a Month Amid Supply Concern
2:16 AM BST
April 22, 2015

Zinc prices capped the biggest two-day gain in four weeks as a decline in inventories added to signs of tightening supplies amid mine closures.

Stockpiles monitored by the London Metal Exchange fell Wednesday to the lowest since December 2009. Zinc prices advanced in the past five weeks as China’s MMG Ltd. closes its Century mine, which is responsible for 4 percent of the world’s zinc output.

“The zinc market has structural problems, and is one of the metals that is better positioned fundamentally,” Eugen Weinberg, head of commodities research at Commerzbank AG in Frankfurt, said by telephone. “We will see higher prices.”

Zinc for delivery in three months advanced 1.3 percent to settle at $2,235 a metric ton at 5:50 p.m. in London. The metal has jumped 2.6 percent in two days, the most since March 23.

Tin extended gains after a 6.7 percent surge on Tuesday, the biggest rally in three years. Prices added 0.2 percent to $15,555 a ton. Lead rose, while aluminum fell and nickel settled unchanged."

[billbyrne] 21/4/2015 22:31

Worth keeping an eye on these charts, could do with them in the header.

[cestnous] 20/4/2015 12:43

Bought in this am. Have I got it right for once?

[rivaldo] 20/4/2015 10:06

I thought I'd revive this thread given today's nice move up and the charts and news in the thread header (which is missing on the other thread).

A couple of recent news items to get things up to speed too....good coverage here:

Http ://www.proactiveinvestors.co.uk/companies/news/79291/update-zincox-resources-continues-to-see-improvements-at-korea-plant-eyes-new-project-79291.html

Extract:

"Chairman Dr Rod Beddows said: "At the beginning of 2014 we faced many challenges; these have been overcome and the company is now in its strongest position for many years, with KRP generating positive EBITDA and demonstrating a breakthrough technology that can solve one of the world's greatest hazardous waste challenges."

In addition, this excellent new interview is well worth a watch, particularly the move to produce chemical grade zinc. This could make ZOX the world's most profitable producer by a massive margin per a poster elsewhere:

[rivaldo] 17/4/2015 14:32

This excellent new interview is well worth a watch, particularly the move to produce chemical grade zinc. This could make ZOX the world's most profitable producer by a massive margin per a poster elsewhere:

[rivaldo] 17/4/2015 09:33

Good coverage here:

Http ://www.proactiveinvestors.co.uk/companies/news/79291/update-zincox-resources-continues-to-see-improvements-at-korea-plant-eyes-new-project-79291.html

Extract:

"Chairman Dr Rod Beddows said: "At the beginning of 2014 we faced many challenges; these have been overcome and the company is now in its strongest position for many years, with KRP generating positive EBITDA and demonstrating a breakthrough technology that can solve one of the world's greatest hazardous waste challenges."

As the operation has fixed costs, final ramp-up to full daily throughput will have a disproportionately positive impact on profitability, he noted.

At today's zinc price of US$2,150 per tonne and assuming target zinc grade of the electric arc furnace dust used, in a full operating month the plant should generate well over US$1 million of EBITDA, he also highlighted.

Chief executive Andrew Woollett added that while the focus has been on the ramp-up at KRP, there have been resources available to consider the next project and particularly the technology required to upgrade the products of the RHF (rotary hearth furnace).

The firm's technical team in Belgium have designed a new approach to upgrade the zinc concentrate.

The products from the new plant, which will be final rather than intermediate, should be doubled in value because of this and so lead to a very significant increase in profitability, he said.

Woollett noted that over the next year or so, cash flow from KRP was unlikely to contribute sufficiently to advance the development of the new projects so a search for a strategic partner had been started with HCF International.

The group continues to talk to interested parties that share its "vision for the future" and which could support the firm's ambitious roll-out plans, he said.

On zinc prices, the outlook continues to be positive, the firm said, supported by strong demand, falling production and insufficient new discoveries or mine developments.

House broker finnCap said ZincOx shares have "significant recovery potential" from current low levels.

"Operational updates have started to turn the corner, and the recent rescheduling of its Korea Zinc interest payments gives the group cash flow breathing space. KRP generated a plant EBITDA profit in spite of a maintenance closure for nine days, noted analyst David Buxton.

"While our forecasts remain under review for the time being, it is clear that the basis for forecasting clarity is starting to emerge.""

[blue59] 17/4/2015 08:58

ipoman007 Few on AIM deserve it more than AW, so I for one hope so!

[cestnous] 16/4/2015 14:55

! page buy tip in "Shares" today. (Don't hold atm.)

[ipoman007] 16/4/2015 14:49

Has Andrew Woollett done it? Record quarter.
Earnings video:

[billbyrne] 13/4/2015 03:05

What's also good to see is the price of zinc steadily going up and warehouse levels of zinc going below 5 year lows.http://www.kitcometals.com/charts/zinc_historical_large.html

[rivaldo] 10/4/2015 12:04

Good to see the buying price now move up to 10.25p-10.37p per today's trades.

Cheers loganair.

[loganair] 09/4/2015 17:52

SP Angel - The company reports that the plant is now operating consistently at around 90% of its targeted throughput (580tpd) and generating a positive EBITDA.

The plant was shut for planned maintenance between 21st March and 4th April, suggesting that without this closure it could have exceeded the results reported today. The maintenance shutdown revealed, however, that the “inner metallic tubes of the heat exchangers which have previously required unscheduled repairs, remained in good condition, demonstrating that the refractory lining applied to protect the tubes is an effective barrier to corrosive gases.”

The company is investigating additional measures to reduce the number of maintenance closures required to 3 periods per year in order to further improve efficiency and profitability.

Conclusion: ZincOx has been steadily improving the operational performance of its Korean plant and is now starting to reap the benefits. The improvements to the reliability of the heat exchangers in particular sound very promising as they have been problematic in the past.

[rivaldo] 09/4/2015 13:50

...and another one, with the first buy above 10p.

[rivaldo] 09/4/2015 11:14

Nice 200k buy just in at 9.99p, and ticking up now.

[bouncingbean] 08/4/2015 15:26

Thanks Rivaldo, just thought it was too good an oportunity to miss for the pension so topped up - already had a couple of hundred thousand but that's enought for now I'll see how it goes over the next 6 months

[rivaldo] 08/4/2015 14:41

Nice going bouncingbean, more than me! I can sell my entire holding at 9.53p, and can only buy 60k maximum at almost the full offer price, so it's looking encouraging.