RE:Zinc Price and TVtierras_raras wrote:
At the moment my biggest concern is the financing being done for 13 million at .32 cents. This is limiting the share price. If Zinc continues to drop there is no incentive to buy at .40 cents when you know that the company is cash flow negative if Zinc goes back to the low seventies. Also, why buy at 40 cents when you know that 40million shares will be sold at .32 cents. Call me naive, but it does not make sense.
it is not only 40 mio shares, it will be 46 mio considering the additional option of 15% after the closing.