Zinnwald Lithium Share Discussion Threads

[qs99] 22/2/2023 07:27

👍👍

[impulse21] 21/2/2023 19:28

Hi QS,Of course as a holder I'd deffo want multibags but this is the most conservative estimate if that news were to come if we were to use the rule of proportionality.

[qs99] 21/2/2023 19:19

"at least a bagger" Impulse21? this is sitting at c.$35m market cap, yes needing funding, but at a possible up coming NPV as someone says above at c.$3.2bn?

Am holding on for multiple "bags" tbh!

DYOR as ever
Cheers
QS99

[impulse21] 21/2/2023 19:05

So just based on this information, if that 200Mt was found to be true, this should at least be a bagger from here based just on that?

[steeplejack] 21/2/2023 18:47

Back to back days of notably high volume,the highest in around 4 months.

[euclid5] 21/2/2023 17:50

well best to look at it in this context

they have 35Mt valued at $1.6B

But if only the 200MT of extra resources (depending on the grades) is worth just another 100% pf the 35MT - we could have a NPV of circa $3.2B - £2.66B

They need to confirm the resource upgrade first followed by the potential NPV additional value - but there is scope for a re rating just on this extra resource

[impulse21] 21/2/2023 17:28

How would 200 megatonnes if verified effect Zinnwalds valuations in millions?What would the market cap become?

[euclid5] 21/2/2023 16:56

Perhaps some investors have finally noticed the below extract from the last operational update in Nov 2022

drill results support the plan to consider the Albite Granites (previously referred to as "Ore Type 2" in the recent Preliminary Economic Assessment ("PEA")) for the Mineral Resource and future mine plan, with potential to materially increase the total Mineral Resource

One of the goals of the ongoing in-fill drilling programme is to materially increase the MRE, which could, in turn, accommodate greater mining capacity for an expanded Li-product output. Historic estimates quantified the tonnage potential of the Albite Granites alone at above 200Mt, an estimate that the Company is working to verify.

[gepetto100] 21/2/2023 16:32

A good day

[sos100] 21/2/2023 14:26

exchange never asks when stocks goes down :)

only a 20% rise...traded at nearly 30p 18 months ago

[steeplejack] 21/2/2023 12:56

If it rises anymore then the Exchange will check as to whether there's anything specific in the offing that the market should be aware of.....but this is a very thin market and it doesnt take much to move the stock up and down as we all know.

[g2theary] 21/2/2023 12:08

Added another lump :D

[qs99] 21/2/2023 11:59

Wouldn't be surprised, the upside they were highlighting was v. attractive IMO, despite the obvious risks. Let's hope the company is taking advantage of the note to drum up further interest and make progress on its projects.

DYOR

[robertspc1] 21/2/2023 11:57

Well something is stirring at last. I suspect that recent broker note has woken up an institutional buyer to the value gap here.

[mylands] 21/2/2023 11:00

Stock isjust out of auction, with the last five trades timed between 10.53 and 10.57 totalling 271k and all sells at 8.8p

[g2theary] 21/2/2023 10:36

My thinking :) looking strong here for a re rate ;)

[sos100] 21/2/2023 10:19

hopefully start of a gentle climb back to 20p

[qs99] 21/2/2023 09:41

Agreed, getting close to full offer being paid again, DYOR....

Personally am staying in until the Thamesis target fund raising price is hit from their note, wasn't that 34p? But longer term with lots of risks in the way I know, but with a fair wind, it is very well placed to be a multi-multi bagger let's see.

DYOR as ever and GLA
Cheers
QS99

[steeplejack] 21/2/2023 09:37

A three month high.Grateful for small mercies.Still lots of scope for recovery given the shares are still half the 52 week high and remain some 7p shy of the last funding price of 15.5p in Dec 2021.

[qs99] 21/2/2023 09:20

Nicely through 8p....don't have L2 so unsure how much stock is around, but it didn't take much volume IMO to shift this today...DYOR

[robertspc1] 20/2/2023 09:40

Tesla apparently doing Lithium deal with Sigma Lithium in Brazil and anode deal with Magnis. Clock is approaching midnight here, surely a deal soon

[shieldbug] 18/2/2023 11:53

Once car/battery manufacturers start buying lithium mines it seems likely to become a competitive necessity for all car/battery manufactures to own production. Battery metals are not commodities like oil, supplied over the lifetime of the vehicle. That said I have no idea how this story will actually unfold.

[robertspc1] 17/2/2023 09:32

Penny is dropping for some. ZNWD absurdly cheap given all the current acquisition activity in the lithium sector. Very few unattached assets. Hopefully some firm of cash injection soon

[robertspc1] 16/2/2023 15:21

Didn't take long. LG investing $75m in Piedmont Lithium alongside four year offtake agreement. Znwd must be open to offers

[robertspc1] 15/2/2023 19:22

They don't have time ... cash running low