ZFX - Zinifex Limited

[MiningGuru]

If it clears 17.80, then that will mean it has gone above 10% of its recent lows and a higher probability of a turn around. Should be fun to see what happens.

Almost there! It has hit 17.75!

Might be able to do it

 

[MiningGuru]

Now has pushed through 17.80.

Great chance of a further surge tomorrow!

 

[Halba]

this co always goes great around reporting season, coz its profits are so spectacular relative to any stock on the entire ASX

 

[silence]

When are they due to announce the quarterly, etc? (how does one know when thinks like this are due?)

 

[chops_a_must]

Really liked the announcements today. I don't think mine life/ future production is going to be a problem with this one.

 

[michael_selway]

Really liked the announcements today. I don't think mine life/ future production is going to be a problem with this one.

ZFX yeah, i think CEO is smartly lookign to extend mine life, wheres there is value to shareholders etc

thx

MS

 

[PureCoco]

They also have an agreement to exlpore and produce Zinc from land SMA holds. 17,000 ha in Australia. From their past decisions ZFX wouldn't go into a JV without potential. (i'd like to think).

 

[rwkni1]

Does anyone know how much the daily price of LEAD plays in influencing Zinifex's share price?

Pretty minimal. In FY06 lead contributed only 8% of their earnings.
Zinc was 83%, silver was 7% and gold and copper were 1% each.

 

[Kauri]

Not meant as a recomendation or even as my view of this stocks prospects, just testing my shorting skills...they have got a bit rusty lately... :hide: ...

 

[chops_a_must]

Not meant as a recomendation or even as my view of this stocks prospects, just testing my shorting skills...they have got a bit rusty lately... :hide: ...

I was going to ask a E waver if it looked like an ABC pattern. So, low 15s or high 14s would be needed for the count to be validated?

 

[Kauri]

I was going to ask a E waver if it looked like an ABC pattern. So, low 15s or high 14s would be needed for the count to be validated?

Chops,
I'm only starting out on the E/W path, so treat my charts accordingly.

In my understanding it could pull up short of $16 and still be a valid ABC, but of course I'm looking for more than that. Apart from he apparent ABC pattern the last two days action don't inspire me for a continued upward move in the short term. ... Now watch it take off towards $20...

 

[BREND]

Does anyone know how much the daily price of LEAD plays in influencing Zinifex's share price?

The chart in my blog should be able to answer your question:
http://basemetal-trading.blogspot.com/2007/01/zinc-share-price-vs-zinc-and-lead-price.html

 

[eMark]

Can anyone confirm as to whether ZFX Quarterly report is released on the 29th (acc. to Westpac) or 30th (acc. to the ZFX website) of January? With the DOW & Hang Seng in trouble, and the Zinc price off a little, I'm hoping that the report can sustain current levels.

 

[rederob]

Can anyone confirm as to whether ZFX Quarterly report is released on the 29th (acc. to Westpac) or 30th (acc. to the ZFX website) of January? With the DOW & Hang Seng in trouble, and the Zinc price off a little, I'm hoping that the report can sustain current levels.

From the ZFX site:

2007 Dates
These dates are indicative only, and may be subject to change.
30 January Release of December Quarter Review
22 February Half Year Financial Results

 

[rederob]

Zinc v's lead - sensitivities:

 

[Halba]

What on earth does dow/hang seng got to do with ZFX?

IMHO dow/hang seng were massively overbought any kid could see that retrace coming.

 

[rederob]

What on earth does dow/hang seng got to do with ZFX?

IMHO dow/hang seng were massively overbought any kid could see that retrace coming.

Umm, please explain?

 

[Kauri]

What on earth does dow/hang seng got to do with ZFX?

IMHO dow/hang seng were massively overbought any kid could see that retrace coming.

I've been looking through all the posts since close of trading here on thursday and no kid has called the possible start of the correction on the XAO on Monday.... yet..

 

[Warren Buffet II]

Well, here you go, this is the kind of stories that will drop ZFX share price to the floor:

http://www.bloomberg.com/apps/news?pid=20601012&sid=aAwbyHD48Huo&refer=commodities

So you can easily say that there is no Chinese story running anymore for Zinc/Zinifex. Chinese is exporting Zinc and will keep doing it through 2007.

WBII

 

[chops_a_must]

Well, here you go, this is the kind of stories that will drop ZFX share price to the floor:

http://www.bloomberg.com/apps/news?pid=20601012&sid=aAwbyHD48Huo&refer=commodities

So you can easily say that there is no Chinese story running anymore for Zinc/Zinifex. Chinese is exporting Zinc and will keep doing it through 2007.

WBII

Plus the drop in zinc price and the current downward momentum in the SP. If you here a giant thud sometime tomorrow, I think you know what it will be.