OTCPK:CRZNF - Post by User
Comment by
MLEMCon Mar 07, 2012 6:25am
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Post# 19636945
RE: RE: RE: Good News for Zinc Producers
RE: RE: RE: Good News for Zinc Producers "That is exactly what management signals when it talks to the press. It is planning on another year of permitting, then there is the construction phase, and then there is the fact that no revenue starts until the winter road is open. so we are probably looking at the winter of 2013-14 before revenue commences, although a bit of great luck in permitting might accelerate that by a year."
Winter 2013-2014 before revenue.
Permits to revenue in two years. This is not long - by any measure - in the extractive sector.
The marketplace will re-value CZN soon enough.