I am interested to hear what has to be said for/against Zambezi Nickel. Very new company to the market... Nickle is used to make stainless steel, think this could push up price. This link will give you an idear of nickle prices at the mo http://www.kitcometals.com/charts/nickel_historical_large.html#lmestocks_6months
Sorry no charts need to work out how to do that! New to the market, but it has two great mineral deposites (according to Investors Chronical)...
Mitaba Prospect:
The Mitaba Project occupies a total strike length of 11 kilometres, within which occur two main complexes of successive ultramafic (komatiite) lava flows, 3.3 kilometres apart.
Paulwi Prospect:
The pear-shaped Paulwi intrusion has been gravity-differentiated into a gabbroic upper portion of 3,000 metres depth and basal serpentinised dunite portion of 2,000 metres depth... [goes on to say] comparable to the deposit being mined at the 11 million ton per annum operation at Mt Keith, Western Australia.

Anyone reading this

Still had no coment...

Tonker
Looks like a nice place Zambezi you sure they got any Nickle.

src="http://http://www.zambezinickel.com/pics/Photo%209;%20%20Mitaba%20Hill,%20%20pentlandite-%20magnetite%20intergrowth%20with%20peripheral%20high-Ni%20sulphide%20variety%2050%20microns%20across..jpg" alt="" />
Driver,
Here are some pictures of the land that will be mined [destoyed!]... there are other copper/nickle mines there and these mines fall in the mineral belt as the others... I hope they find something as I have put in 2250 into this company! Have a look... price might go up on speculation

how do i get pictures up

any thoughts?

Nice well positioned stock in stable mining country. Should do well, particularly as underpinned by cash resources

Dont worry about the quiet, it will get busier as 2006 gets underway and things start to move properly on on the prospects

Last Interim dated 6th December 2005, link below...

http://www.zambezinickel.com/Docs/ZNI%20interim%2006-Dec-05.pdf

Lets see if in Q4 they pull off the JORC (joint ore reserves committe) complient nickel resource on both sites....

Thanks for that explosive... something to read at night... looks impressive, but i do not understand all of the terms... am going to forward it on to a South african mate of mine, whos into the mining sector... will keep you posted

anyone seen any trades on this one[ only see one buy trade on 24th feb ] does this mean it will be difficult to trade this share. with so few ,apparent trades[as in I haven't seen them not that they haven't happened], this one looks like a hold for a while type share[is that what they call a 'long' in technical speak].
putting this in my watch list and doing some homework on it

robertalexander, this share is not too bad or too easy to trade (I trade a lot more difficult ones! spread of 20% or more!)... the spread on Friday was Buy 11p Sell 11.5 thats a spread of 4.35. Basically with the buying and selling costs on 1000 you will have to make at least a 12% gain to make a profit... this is why it can be difficult to trade...

Now the spread has widened to 11p - 13p ... thats over 15%.... but basically you can still only sell for 11p... I think the spread widens when the market is not sure on how the s.p. is going to move, not too sure though. Can anyone enlighten me?

yesterday KBC stopped acting as MM, so the price adjusted to the spread offered by the remaining two mm's - nothing significant this time I think

Spread has widened to 11p - 14p. Even wider! Now it will be difficult to trade... mind you the selling price is still the same. also 3 trades recently, 1 sell 2 unknow.... Why are they unknow?

Hi Tonker,

if you go to trades,change date to yesterday and change sort by to time first then read the disclaimer at bottom of trades....it says there basically guesses. Unkowns are when they dont fall into any of there guess criteria.

Steve

ps shows how bored ive been lately when ive been reading disclaimers!

Have a look at ZRL which has 49% of ZNI. Thus you get ZRL's gold copper and uranium interests with a stake in ZNI too

muppetmaster, if ZRL have 49% of ZNI.... does it not mean that ZRA will benfit from the nickle deposites of ZNI, and not the other way around. correct me if i am wronge, I'm not too sure

Over the last 60 days:
LME warehouse stock levels has fallen to 34254 (-1788)thousand tonnes -5.20%
Price has increased to 6.7680 (+0.6029)$US/lb +8.91%