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Lone Clone

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Lone Clone

Re: None

Saturday, 04/25/2015 9:58:03 AM

Saturday, April 25, 2015 9:58:03 AM

Post# of 35776
Another zinc developer worth consideration IMO

Rathdowney just released the PEA for Olza in Poland; good jurisdiction, good IRR and payback using non-optimistic parameters, production costs of $0.52/lb Zn. I haven't checked out how they would raise the capex yet.

https://ca.finance.yahoo.com/news/preliminary-economic-assessment-returns-strong-120000835.html

Here's the ProactiveInvestors writeup -- http://www.proactiveinvestors.com/companies/news/61057/pea-predicts-olza-zinc-project-to-pay-for-itself-in-little-over-two-years-61057.html

Nevsun is upping their zinc production too but I wouldn't touch them as they are in Eritrea.

LC
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