look at chart,look at what worldwide potential their process may have and then look at market cap....

ehm big opportunity when rns start flowing,remember MNA? once it got going.

I'll do chart and research when i've more time.

B'B'J,

What institutions?
Since Nov. 04 - Canada Life +750,000 (a one time buy?)
- New Oppertunities I/T -999,000 (selling steadily)

placing with institutions last week at virtually market price.Breaking out again so i've added.

I'm in this one too - been breaking out today sp up 4-5%. Any news?

Going balistic today - and again I have no reason why (except more buyers than sellers). Market cap is still tiny - zinc prices have hit 9 year highs. Imagine how this will rise when they announce a deal.

rgrds
gk

Excellent day from my favorite share at the moment.



ZincOx says talks started regarding financing of Jabali deposit in Yemen
AFX


LONDON (AFX) - ZincOx Resources PLC said a feasibility study on the development of the Jabali zinc oxide deposit in Yemen has been completed and that it has started talks regarding the financing of the deposit.

The study indicates a project, with an internal rate of return of 27 pct and a net present value of 31.2 mln stg - assuming a zinc price of 1,000 usd a tonne, the company said.

'This study confirms the considerable value we have created at Jabali and it

should allow the project finance for its development to be put in place before

the year end so that construction can commence early next year,' said managing director Andrew Woollett.

The deposit contains a geological resource of 12.6 mln tonnes of oxide ore with grades of 8.9 pct zinc, 1.2 pct lead and 68 grammes a tonne of silver.

'There is the potential for increasing the resource further as the deposit is open on two sides,' the company said.

Under the terms of a joint venture that owns the mineral rights to the deposit, ZincOx is entitled to a 60 pct interest by completing the feasibility

study and Anglo American PLC and Yemeni company Ansan Wikfs (Hadramaut) Ltd are entitled to 20 pct each.

newsdesk@afxnews.com

Rgrds
gk

Zinc supplies will be in deficit for the first time in a decade and thus the price of zinc will rise during 2014. Zincox is well undervalued compared to its NAV and this Hit over 70p a few years back!

ZOX reported record zinc in concentrate production during start of 2014 in the latest RNS!