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Zincox Resources. (ZOX)     

aldwickk - 15 Sep 2005 18:14

Andy - 07 Sep 2006 18:24 - 58 of 100

aldwickk,

Not yet, but I plan to.

I saw their 20 20 presentation this week, and the start of revenue this month is a boost for ZOX IMO, and should held drive the shareprice whilst other projects are brought online.

aldwickk - 26 Sep 2006 07:57 - 59 of 100

ZincOx Resources PLC
26 September 2006



ZincOx Resources plc ('ZincOx') (AIM:ZOX)

Interim Results for the Six Months ended 30th June 2006


Production commences at Kazzinc's Shaimerden zinc deposit triggering
deferred payments and cash flow stream to Zincox

At current zinc price, payments due in January 2007 and January 2008
would be US$7.2m and US$37.5m respectively

Shaimerden payments expected to continue until January 2010

Engineering design work progressing well at Big River Zinc project in USA
- operating and capital cost estimates expected by year end

Debt finance mandate awarded for Jabali project in the Yemen

First production from Aliaga project in Turkey, expected in 2008

Electric Arc Furnace Dust supply option agreement signed with two major
steel producers in Thailand as part of new project evaluation in that area

'As part of our global recycling strategy, we have for some time been
investigating other EAFD producing countries and are delighted that we have
signed up agreements with two major steel producers in Thailand for what amounts
to about 35,000 tonnes per annum of EAFD, having an average grade in excess of
20% zinc. We are therefore hopeful that we may soon have enough EAFD under
option to be able to consider a new project in Thailand and that this could be
the first of a number new locations to be announced over the next year or so'
said Chairman Andrew Woollett today.


Contacts:

Conduit PR: Tel: +44 20 7429 6666
Leesa Peters Mob: +44 (0) 7812 159 885
Ed Portman Mob: +44 (0) 7733 363 501


ZincOx Resources plc Tel: +44 1276 450100


Chairman's Statement

I am delighted to report that production commenced at Kazzinc's Shaimerden zinc
deposit in Kazakhstan on September 17th, and that we have started to accrue the
deferred payments due under the sale agreement. This marks the commencement of a
cash flow stream for the Company that is likely to be spread over the next five
years. The amount of the deferred payment is based on the amount of zinc mined
and the average zinc price for the year, and is payable by the 30th of January
of the following year. If the zinc price from the 17th of September through to
the end of the year was to average the price today, US$3,430 per tonne, the
first payment, due on 30th January 2007, will be US$7.2 million dollars, based
on 11,507 tonnes of zinc being mined. If the average zinc price were to remain
the same for 2007, the payment for next year, payable in January 2008, would be
US$37.5 million.

The deferred payment is due on only the first 200,000 tonnes of zinc mined at
the rate of US$0.2375 for every dollar that the price of zinc is above US$800
per tonne. The 2006 payment is based on a deemed minimum production of 40,000
tonnes per annum but reduced prorata for the period 17th September to the year
end. Independent consulting mining engineers, Orelogy Pty Ltd, have recently
carried out a review of Kazzinc's mine plan for Shaimerden. Orelogy have
confirmed that the mine plan is reasonable and achievable and that mining of
200,000 tonnes of zinc should be achieved by September 2007. We can, therefore,
expect our deferred payments to be based on 60,000 tonnes of zinc per annum for
2007, 2008 and 2009 and 8,493 tonnes for 2010.

The Shaimerden deferred payments create the equivalent of a short term cash flow
that would be similar to having a medium sized zinc producer of our own, but
without having suffered the dilution in shareholder equity normally associated
with the cost of developing a new mine.

Elsewhere the first half of 2006 saw the completion of our acquisition of the
Big River zinc smelter, in Illinois, the advancement of the Aliaga recycling
project, in Turkey along with solid progress at our Jabali mine project in Yemen

The acquisition of Big River has been a major leap forward for the company. The
Big River smelter has a capacity of 100,000 tonnes of zinc per annum and would
cost in the order of 220 million to build today, following what would likely
involve several years of environmental permitting. Our purchase cost amounted to
8.1 million and this represents an exceptional opportunity for us to enter the
US market both quickly and cost effectively.

By installing new equipment in the first half of the process we will be able to
convert the plant to treat EAFD, a waste material produced by the recycling of
galvanised scrap. This sort of material is plentiful in the eastern half of the
USA and Big River is therefore well placed for sourcing this new feed in stark
contrast to the previous operation which relied on local zinc mines that are all
now closed and concentrate from Doe Run.

It was the recent mine closures and the limitations on the type of feed that can
be treated by the equipment at Big River which forced the smelter to source high
purity zinc concentrate on the international spot market at a time when such
material was exceptionally expensive. This led to the decision by the previous
owners to suspend operations temporarily. ZincOx was keen to restart the
operation but the refusal by Doe Run to continue the supply of concentrate on
the existing contractual terms meant this was not possible. However, in the
future, we believe the relative price of appropriate concentrates is likely to
return to historical levels, and at such a time it may be attractive to restart
production based on the existing equipment which would then supplement the feed
from the new EAFD operation.

The use of EAFD at Big River is made possible by zinc solvent extraction
purification technology, the largest application of which has been the Skorpion
project in Namibia. SNC Lavalin, Montreal, the engineering company responsible
for the development of the Skorpion project have been appointed as lead
engineers for the Big River Zinc redevelopment. Engineering design work is
progressing well and operating and capital cost estimates will be completed the
before the end of this year with first production expected at the end of 2007.


At Jabali our cost review is ongoing in parallel with the debt financing of the
project. In respect of the latter Jabal Salab, our Yemeni resident subsidiary
company, has recently mandated Exotix Ltd, a subsidiary of the London based
ICAP, to arrange debt finance for the development. Exotix are a specialist bond
financing team experienced in emerging markets. We are hoping to have debt
finance in place, subject to documentation, by the start of next year.

Progress on the Aliaga Recycling Project has been disappointing due to a delay
in the approval for planning permission in respect of the plant and residue
disposal site. This now falls on the critical path for the development of the
project and the current delays are likely to preclude first production before
the end of 2007.

As part of our global recycling strategy, we have for some time been
investigating other EAFD producing countries. I am delighted to report that we
have signed EAFD supply option agreements with two major steel producers in
Thailand for what amounts to about 35,000 tonnes per annum of EAFD, having an
average grade in excess of 20% zinc. We are therefore hopeful that we may soon
have enough EAFD under option to be able to consider a new project in Thailand
and that this could be the first of a number new locations to be announced over
the next year or so.

To date, 2006 has been an intense period of activity for everyone in the company
and on behalf of the shareholders I would like to thank all of the staff for
their tremendous efforts during this period.

Andrew Woollett
Chairman

26 September 2006


aldwickk - 17 Dec 2006 16:12 - 60 of 100

Buy Zincox and Tinopolis
Says Zak Mir of Zaks-TA.com


Zincox (ZOX):

On the Zincox chart of the stock we see that there has been a very sharp and persistent uptrend in place. The main characteristic of the bull run shows that new support has generally come in at or above previous resistance in the 2005-2006 period. This indicates that, even after the November failure to beat early 2006 resistance, the overall tone of this stock is very bullish.

The best strategy at this stage is to go long on any dips towards the blue 50-day moving average at 256p, even with the RSI at 68, it means that going long at current levels couldn't be wrong. The 50-day line provides for a decent end-of-day close stop loss stop loss as we target the blue May resistance line at 305p initially, with the final destination the August 2004 resistance line at 400p.



aldwickk - 25 Jan 2007 07:38 - 61 of 100

ZincOx Resources plc 25 January 2007
('ZincOx' or 'the Company')(AIM:ZOX)


US$9 million received as the first instalment of the Shaimerden deferred
payments

ZincOx Resources plc has received US$9,042,776 from JSC Kazzinc (Kazzinc), being
the first tranche of the deferred payment due under the 2003 sale agreement for
the Shaimerden zinc deposit, in Kazakhstan (the Agreement)

Commenting on the announcement, Andrew Woollett, ZincOx's chairman, said 'This
payment is the first of five payments which we expect to increase substantially
over the next couple of years and will continue beyond the point at which we
plan to have our own operations in production'.

Under the Agreement the deferred payments are being made in respect of the first
200,000 tonnes of zinc mined from the deposit, at the rate of US$0.2375 per
tonne for every dollar that the price of zinc is above US$800 per tonne. The
zinc price is based on the average daily LME price for the period and payment
for the year is before the end of January of the following year.

While production commenced at Shaimerden on 17 September, the 2006 payment is
based on a deemed minimum annual production of 40,000 tonnes. This is reduced
pro rata for the period 17 September to the year end and therefore amounts to
11,616 tonnes. The zinc price from 17 September 2006 through to the end of that
year was an average of US$4,077 and hence the amount received by the Company was
US$9,042,776. In addition to a minimum rate of production there is a maximum
rate equivalent to 60,000 tonnes per annum.

Independent consulting mining engineers, Orelogy Pty Ltd, have carried out a
review of Kazzinc's mine plan for Shaimerden. Orelogy have confirmed that the
mine plan is reasonable and achievable and that mining of 200,000 tonnes of zinc
should actually be achieved by September 2007. ZincOx can, therefore, expect the
deferred payments to be based on the deemed maximum rate of production, 60,000
tonnes of zinc per annum, for 2007, 2008 and 2009 and the balance of 8,384
tonnes for 2010.


For more information please contact:

ZincOx Resources plc
Simon Hall +44 (0) 1276 450100

shall@zincox.com

www.zincox.com



Aldwickk.


aldwickk - 20 Feb 2007 11:28 - 62 of 100

ZincOx Resources PLC
20 February 2007


New US Recycling project and expansion at Big River Zinc - 20 February 2007

ZincOx Resources plc (ZOX), is pleased to announce the completion of
pre-feasibility studies on an integrated zinc and iron recycling project which
will include a new facility in Ohio and modifying and refurbishing the Big River
Zinc plant near St Louis.

Using a zinc price of US$1,900 per tonne for the next five years and US$1,500
thereafter the Ohio Project and Big River Zinc Project individually have
internal rates of return of 20% and 35%, and have, net present values of
US$60million and US$129million respectively (post tax, pre finance 10% discount
rate).

Commenting on the announcement, Andrew Woollett, ZincOx's Chairman said 'These
two projects, together with our new Turkish Project, complete the operating
structure for our first fully integrated zinc, lead and iron recycling concept.
This structure will enable us to recycle virtually all the valuable metals found
in electric arc furnace dust (EAFD), a problematic waste material produced when
galvanised steel is recycled. This structure and the proprietary technology
involved represents a blueprint that we intend to repeat elsewhere in the
world'.

At the Ohio Project a rotary hearth furnace will be used to treat EAFD to
recover zinc and lead in an oxide concentrate (HZO) and to recover the contained
iron as a Direct Reduced Iron (DRI) product. The DRI will be melted in a small
electric furnace that will produce a very clean slag suitable for construction
purposes and pig iron which will be sold to the steel industry. The plant will
be designed to treat 200,000 tonnes per annum of EAFD for the production of
48,000 tonnes of zinc contained in HZO and about 50,000 tonnes of pig iron. The
HZO will be sent to Big River Zinc for the recovery of the valuable metals. The
Ohio plant will take approximately 18 months to construct at a capital cost of
about US$107million.

In June 2006, ZincOx acquired the Big River Zinc smelter, in Sauget, Illinois
(BRZ). The HZO from both the Ohio Project and from the Aliaga project in Turkey
will be processed at BRZ. The zinc contained in the HZO will be dissolved in
BRZ's refurbished leach plant. The resultant zinc bearing solution will be
purified in a new solvent extraction circuit, prior to conventional zinc
recovery using BRZ's existing electrowinning, melting and casting equipment to
produce zinc ingots. The ZincOx management team used the solvent extraction
process in the design of the flowsheet for the Skorpion zinc oxide deposit in
Namibia, where it now accounts for 150,000 tonnes of zinc metal production per
annum. Big River will be designed to produce 90,000 tonnes of Special High Grade
quality zinc metal per annum. The refurbishment of the Big River plant and
installation of solvent extraction will take approximately 16 months at a cost
of about US$90million.

At Aliaga, in Turkey, (see announcement dated: 12 December 2006) ZincOx is
planning to develop an EAFD processing plant similar to that proposed for the
Ohio project. The capital cost of the Aliaga project is expected to be
US$106million with production commencing in mid 2008.

The development of the plants in Turkey and Ohio and the refurbishment of the
Big River Zinc facility are expected to require total capital expenditures of
about US$303million, including contingencies. The company is investigating
various financing strategies including participation by one of ZincOx's largest
shareholders, Teck Cominco. In December 2006, Teck Cominco, the world's second
largest zinc mining company, increased its interest in ZincOx by 3.5% to 11.5%.
Commenting on the financing, Andrew Woollett said 'There are a number of
attractive financing options available to us, including the early sale of the
future Shaimerden deferred payments, and we are optimistic that we will be able
to develop these projects without a major issue of new equity.'

unluckyboy - 06 Jul 2007 11:05 - 63 of 100

anyone still holding zincox.?Is there more to come.?(ie shares going up)

aldwickk - 02 Aug 2007 08:17 - 64 of 100

LONDON (Thomson Financial) - ZincOx Resources PLC said the Yemen parliament has approved the contract for development of Jabali zinc mine located 100 kilometres north east of the capital city, Sana'a.

The zinc oxide mineral exploration company said it expects the capital cost of about 176 mln usd for developing the project.

The company said the deposit is expected to be mined at the rate of 800,000 tonnes per annum of ore for the production of about 70,000 tonnes per annum of high quality zinc oxide. Production is scheduled to begin in the middle of 2009, it added.

ZincOx said it is in advanced stage discussions with London-based investment banking boutique, Exotix Ltd for a financing facility.

The contract is an agreement between the Ministry of Oil and Minerals, representing the Government of Yemen, and Jabal Salab Co (Yemen) Ltd, in which ZincOx holds a 52 pct stake with the remaining 48 pct stake being held by Ansan Wikfs (Yemen) Ltd, the company said.






Andy - 18 Mar 2008 15:36 - 65 of 100

new article, time for a rebound?

Click HERE

aldwickk - 18 Mar 2008 20:44 - 66 of 100

Andy, I sold the last of mine at 236 a few weeks ago, also sold GFM, and topped up my main core holdings AFR and CEY.

hlyeo98 - 11 Sep 2008 19:08 - 67 of 100

Chart.aspx?Provider=EODIntra&Code=ZOX&Si

kate bates - 28 Jan 2009 13:30 - 68 of 100

All a bit quiet but still holding from over 140p, I see though acc advfn they've received payment today for Shaimerden
link:
http://www.proactiveinvestors.co.uk/companies/news/4177/zincox-resources-confirms-receipt-of-us157-million-from-sale-of-shaimerden-deposit--4177.html
"
Following the receipt of the Shaimerden payment, expected before the end of this month, ZincOx will have almost US$92.5 million in cash. The Company is therefore in a remarkably strong position compared to many of its peers in the junior mining sector and is well equipped to ride out the current very challenging economic environment.
"
Market cap 21 million smacks of a serious undervaluation here. Well overlooked this company.

kate bates - 30 Jan 2009 15:25 - 69 of 100

flying today and what a chart, around 135p of cash on the balance sheet after recent royalty payment plus quite a few assets! 135p being bought for 43p as we speak!!!

mitzy - 31 Jan 2009 08:16 - 70 of 100

I like the look of the chart a nice rounded bottom worth buying for that alone..back to 60p imo.

steveo - 01 Feb 2009 21:02 - 71 of 100

Does look good.

kate bates - 02 Feb 2009 08:08 - 72 of 100

some superb comment on the advfn thread, this looks like an undiscovered gem which seems to be re-rated at long last as it's not really a miner as such. The nav must be around 140p all for 41p a share!! Take a trip over to advfn and you'll see what I mean. proactive investor site has some great info also.

kate bates - 02 Feb 2009 08:59 - 73 of 100

flying now, think 140p is valuation just with cash, they also have a few years of royalty payments, looks a fantastic find, loading up here.

kate bates - 03 Feb 2009 08:17 - 74 of 100

a load more cash reserved and added to the cash pile this morning after that rns. Looking good level2.

kate bates - 03 Feb 2009 08:36 - 75 of 100

aghh! Penny dropped with a few this morning.

mitzy - 03 Feb 2009 13:45 - 76 of 100

Looking great glad I'm in @39p.


Chart.aspx?Provider=EODIntra&Code=ZOX&Si

halifax - 23 Feb 2009 15:08 - 77 of 100

mitzy are you still in @ 39p?
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