$NORZF: NorZinc — Deep Value Opportunity

NorZinc
FCM UNIVERSAL RESOURCE BASE VALUE PROJECTION
ZINC $767.56/TONNE | $1.36/LB
10-06-2021

ZINC EQUIVALENT TONNAGE | LBS 
1,864 KT P/P (100%) | 3,728,000,000 LBS @ 23.1% ZNEQ
1,671 KT M/I (75%) | 3,342,000,000 LBS @ 25.6% ZNEQ
955 KT I (50%) | 1,910,000,000 LBS @ 27.1% ZNEQ

GRAND TOTAL (ZNEQ): 4,490 KT | 8,980,000,000 LBS
DISCOUNT RATE: 10%

PRICE TARGET: $1.78/SH.
PROJECTED MARKET CAP: US $1,221,280,000
CURRENT DISCOUNT: 98%

NorZinc — Current Value Betting Edge = 7% (> o% = Actionable)

Leave a Reply