Share Name Share Symbol Market Type Share ISIN Share Description
Zincox Resources LSE:ZOX London Ordinary Share GB0031124638 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.45p 0.00p 0.00p - - - 0 06:30:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.6 -5.8 -2.6 - 1.08

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Date Time Title Posts
05/11/201713:57Zincox with Charts & News615
02/5/201715:28ZincOx - Asset Match-
04/12/201516:19ZincOx Resources86
06/5/201511:22ZincOx Resources - ex Reunion team recycling slag. heaps of potential & risk1,727
27/4/201508:57ZincOx TV Interview-

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Zincox (ZOX) Top Chat Posts

loganair: Zinc price still rising, now $2,150 per ton and still ZOX share price remains static???
loganair: Price of Zinc still charging ahead, now at $2,023.50 per ton. I am a little surpised this hasn´t moved the share price of ZOX even a jot, especially as now at this price of Zinc, the Korean Zinc plant is now running profitably.
loganair: Zinc still managing to hold around $1,800 per ton mark. Anyone who was brave enough to buy in at the bottom 0.55p will now have more than doubled their money. Sadly for me the courage of my convictions was lacking as I had already bought a few when ZOX share price fell to 1.65p, so sadly I came in a little too early.
solomon15: karma - Zak Mir said that the share price was going to go up at 2.23 pm today, ho ho hoo, in the meantime lets ramp and talk nonsense.
solomon15: Eazy - Wheres the cash going to come from? Them selling their 10% stake in the Korean plant. Numbers? Tell me the valuation on their 10% stake in Korean plant as a share price then?
solomon15: loganair - You make an interesting point but my point about valuing the remaining stake still stands, if they decide to sell, whats its worth as a share price? That is very important as it tells us where we are now at 1p, my estimates are around 4p maybe 5p
loganair: Another company I'm kicking myself over. When the share price collapsed I ummed and arred about buying a shed load at 0.55p. I didn't as I've been burnt twice before when doing so with other companies. I'll just have to console myself that at least I did have the courage to increase my holding in ZOX by 25% at 0.89p and most of my holding was bought when ZOX reached its previous low of around 6.5p. What a real waste taking up my Rights at 13p and a few extra at the time as well.
h2owater: LSE bb: Niki7777 Posts: 232 Analysis An investor in ZOX, like myself, needs to consider the following attributes. Here I enclose my own opinions. Yours may differ. 1. Zinc price. ZOX relies on the price of zinc concentrate, which is linked to the weekly zinc spot price. The zinc price has been in decline since beginning of 2015 Q4. Zinc, however, has a history of 3-6 month cycle periodic decline and rally. Some analysts (Base Metals) have speculated the beginning of a new rally in zinc spot price starting in late Q4 2015 / Q1 2016, with an overall bullish trend from 2011 onwards. The price of zinc needs to be above $1650 USD per tonne in 2016 in order to maintain commercial viability, in conjunction with interim funding. However, the zinc spot price may exceed $1900 USD by start of Q3 2016, to coincide with reduced mining operation at Century mine, Australia, and gradual slow down of production at Skorpion mine in Namibia for its last years of serviceability. 2. China The Chinese industrial base accounts for approx 45% of worldwide Zinc consumption. Although zinc stocks in Europe have climbed due to a slow down since Q3 2015, Chinese demand was 3.4% increased this year, and will likely remain bullish on consumption in 2016 as global supply downturns slightly. 3. Zinc Oxide Market The ZnO market was predicted by to be $1.4 billion USD (including consumer electronics) for 2015 by various sources in 2010. The forecast for 2020 is likely to be in the area of $4.2 billion USD due to increased consumption for wide ranging markets, including pharmaceuticals, ceramics and industrial chemicals. Again, a bullish outlook for companies working with zinc concentrate production. 4. Assets If the company is not able to secure alternative funding through shares or loans, it will transfer 90% equity in the Korean operation to Korea Zinc, thereby retaining a 10% interest. The first shipment of EAFD (electric arc furnace dust) with a zinc purity of 18-27% has been delivered to KRP, with near-full functionality at the plant now appearing to be restored after a Q4 2015 halt. As indicated in the Half Yearly report, the recovery scale is over 90% of target, with peak efficiency at 92% reached circa November thereafter. KRP is a cash cow, generating $22.4 million USD for H1 2015 compared to $17.5 million USD for same time in 2014. Even in the worst case scenario, a 10% interest in KRP after a default will still yield around 2.25 million USD per six months, with no or little associated running costs (due to Korean Zinc taking 90% interest). I am therefore very bullish on this issue, as a sharp rise in Q1 2016 zinc spot price could easily near-double the revenues stated here. 5. Funding If ZOX funding by share issue, then expect a modest dilution which will likely be heavily bought into due to the overall strategic benefits of a rising zinc price and consumption post Q1 2016 (assumed). There are currently only 190 million ordinary shares in issue, so balance the issue of dilution against the benefit of retaining KRP 100% stake and you will likely come up with an increased MCap regardless due to the efficiency and proven revenue output of KRP at the 2015 low zinc price, which still managed a 28% increased in revenue like-for-like against H1 2014. The alternative is a loan arrangement. If ZOX receives a loan, this could be converted to shares, or be remedied in cash. It doesn't really matter if ZOX gets to keep a large majority interest of the KRP asset. 6. Market sentiment On 21/12/2015, the LSE saw a large rise in share price, sustained and without issue of a disclaimer by RNS from the company, indicating that the share price is potentially explainable by the BOD. I am bullish into Q1 2016. I anticipate that any share issue to raise funds will be bought into aggressively, if a situation is presented to the market where the KRP stake is safeguarded by funding. All own opinion, do your own research
loganair: Just in case anyone missed the article in Shares mag: ZincOx fired up for new push Metals recycling group combats supply issue and secures Asian expansion Daniel Coatsworth A resolution to operational problems, a bullish pricing outlook for its end product and a major step forward with growth opportunities are all reasons to snap up metals recycling group ZincOx (ZOX:AIM) at 10.38p. Don’t worry about current share price weakness, that is a short-term issue caused by disruption in the zinc industry. The big industry players like Glencore (GLEN) are dumping stocks to raise cash to reduce high levels of debt. Longer-term, the outlook for zinc is market deficit – demand is likely to outweigh supply which is positive for the commodity price. ZincOx recovers metals from steel waste dust. Its plant in Korea produces a high-grade zinc concentrate and a low quality iron product. Three years of engineering problems have now been fixed with a string of positive trading updates so far in 2015. A three-week maintenance period in October will see ZincOx change a heating exchange set-up, saving millions of dollars in energy costs a year. Concerns about a shortfall in waste dust supply from the Korean market have also been addressed with ZincOx having finally got permission to import raw material from an undisclosed Asian country. Extra transport costs will be offset by the company getting waste dust with much higher metal grades than currently processed. It has also got the green light to build a recycling plant in Vietnam, a country with a big rubber industry where zinc oxide is a vital ingredient. Chief executive Andrew Woollett doesn’t believe construction financing will be a major problem, saying several local companies have already expressed interest and that 8.4% shareholder International Finance Corporation bought part of ZincOx to participate in future expansion. Shares says: BUY "We see considerable upside potential."
loganair: etrip - I wouldn't say the teething troubles are all over, rather belief in that there will be no more significant problems causing long shut downs. I do not normally make predictions on the share price, however as long as there are no more significant problems I can easily see ZOX share price reaching 15p to 30p during 2015 and 30p to 50p 2016.
Zincox share price data is direct from the London Stock Exchange
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