541,741 + the added 2,224 = 543,965 which is beaten by 293,254 down 36,007 on 13th November below .
4th December 2021 (B) 609,416( Por ) 837,219 ( debt ) -227,753 ( Available ) 79,498 ( Day ) -1,143 ( BIG FALL THIS WEEK )
27th November 2021 (B) 614,079 ( Por ) 828,931 ( debt ) -214,852 ( Available ) 89,470 ( Day ) 28 added 2,224
20th November 2021 (B) 651,566 ( Por ) 863,243 ( debt ) -211,677 ( Day ) 962 ( Available ) 87,212 ( Day 962 ) added 2250
RB ( After aggro with vetec Friday 12 November 2021 ) R DTM Saturday 13th November 2021 ( B ) 661,829 ( Por ) 871.002 ( debt )- 209,173 ( Day ) -494 ( Available 96,574 ) nothing added 541,741 beaten by 329,261. up 3,569 on last week .
RB ( Friday 10 pm barcplus edit changes ) 5th November 2021 (B) 657,254 (Por) 867,433 (debt)-210,000* (Day) 4960 ( Available 94,099 ) 1661 added ( Plus 2000 more debt booked ) 541,741 beaten by *325,692. down by 3,718 on last week. ( down 10,177 last two weeks )
RB 18th September 2021 (B) 645,446 (Por) 852,077 (debt)-206,625 (Day) 835 ( Available 78,312 ) Added 715 531,942 beaten by *320,130 down on last week by 3,947 . Which is 11,383 over last two weeks . The added money making the ( Por ) look better then the 11,383 decline . RB 25th September 2021 (B) 645,839 (Por) 847,616 (debt)-201,776 (Day) 754 ( Available 81,555 ) Paid for EZJ rights with funds on acc . 531,942 beaten by *315,674 down on last week by 4,456 . Which is 15,839 over last three weeks . RB 2nd October 2021 (B) 647,606 (Por) 856,469 (debt)-208,863* (Day) 635 ( Available 75,449 ) Sent funds approx 561* ( £585* in fact when checked sent 1st rec 4th ) 532,503 beaten by *332,966 down on last week by 17,292 . Which is 15,839 over last three weeks . ( 4th September *331,540 was last one ( 1426 Above ) EZJ must be in .) RB 16th October 2021 No time last Saturday 9th or Sunday 10th for tally it was Harvest festival and unknown to me 'Prisoners' Sunday I found that out on the Friday . (B) 664,872 (Por) 870,931 (debt)-206,059* (Day) 635 ( Available 85,146 ) Sent funds 5677 ( last weeks 585.11 not included ) 538,180 beaten by *332,751. ( Down 215 on last week ) ( But up on 4th September *331,540 high ) RB 23rd October 2021 (B) 669,433 (Por) 874,049 (debt)-204,616* (Day) 574 ( Available 96,021 ) 538,180 beaten by *335,869. up 3,118 on last week. *TYJ * Its like Trevor McDonnell on news at ten again. RB 30th October 2021 (B) 661,503 (Por) 869,490 (debt)-207,987* (Day) 3280 ( Available 92,547 ) 1900 added 540080 beaten by *329,410. down by 6,459 on last week. ( was thinking that is down a lot but see above down 17,292 on 2nd October 2021 ) RB ( Friday 10 pm barcplus edit changes ) 5th November 2021 (B) 657,254 (Por) 867,433 (debt)-210,000* (Day) 4960 ( Available 94,099 ) 1661 added ( Plus 2000 more debt booked ) 541,741 beaten by *325,692. down by 3,718 on last week. ( down 10,177 last two weeks )
ZincOx Resources has lost its AIM quote but has found a new project to keep it going We last wrote about ZincOx Resources in December 2016 and it read like a ‘For Whom the Bell Tolls’ yarn’. The headline read: “ZincOx Resources needs to find a new flagship project if it is to survive as an AIM stockâ€. Well, it has not survived as an AIM stock, for the time being. It’s admission to AIM was cancelled on April 28 2017. But it has survived as a viable company, a bit battered and worn perhaps but now in a recovery mode. ZincOx is a 17 year old UK –based company which was focused on zinc mining. It shed the last of its mining interests and in recent years has concentrated on deploying innovative technology to extract zinc from recycled electric arc furnace dust (EAFD) from steel plants. The company’s flagship project, near Pohang, South Korea’s leading steel city, came on stream in 2012 using EAFD, which is a hazardous waste and a cheap feedstock. The plant, called the Korean Recycling Plant one (KRP1), cost US$112million, with funding from ZincOx and its partner Korea Zinc Company (KZC), who planned to buy the recycled zinc on a long term agreement at a price based on the London Metal Exchange (LME) prices. Scrapped steel for recycling at ZincOx’s plants Photo: www.zincox.com Everything seemed hunky dory and a second plant KRP2 was mooted. But KRP1 was bedevilled by technical problems and these became acute during 2015. Specifically, profitability of KRP was compromised the frequent stoppages required to repair heat exchangers. To make matters worse, the commodities price crash in the second half of 2015 to a five year low of US$1,639 a tonne led to continuous losses which, in the absence of additional funding, led to a major restructuring of ZincOx’s ownership of the KRP asset, the result being that ZincOx’s interest was effectively reduced to 10 per cent as at December 2015. Then to make matters even more difficult KZC experienced further financial problems and a complicated debt restructuring involving US$7.95m in loan notes, during the tail end of 2016 and the early part of 2017 resulted in ZincOx’s interest in KCP becoming zero. The reduction of the company’s interest in its principal asset KRP meant under AIM Rule 15 ZincOx became a cash shell. Its shares were suspended from trading on October 31 and six months after this date unless there was a reverse takeover through the feeding-in of a new large asset, the shares no longer would be admitted to trading on AIM. Hence the cancellation on April 28. But although ZincOx was loss making to the tune of US$6m at the end of 2016, in February 2016 the company raised £205,000 and in June 2016 a further £300,000 by way of the issue of new shares at a price of 1p a share, representing a premium to the then market price of 82 per cent and 60 per cent respectively. So the group had some cash to play with. Moreover throughout 2016 the over-supply/ demand balance for zinc came back into kilter as some of the world’s largest zinc mines became exhausted. With demand picking up the price started to improve, comfortably reaching over US$2000 a tonne by 2016. With these two positives with them, the company proceeded with a new project. A Memorandum of Understanding (MoU) was entered into with the Korea Zinc Company 2016 for a Joint Venture (JV) over the Vietnamese Recycling and Upgrading Plant (VRUP), an arrangement approved by the Vietnamese government. Following the year-end on January 19 2017, a JVA was entered into between KZC and ZincOx, for the joint development of the recycling plant, the principal terms being that KZC would hold 51 per cent of the project and ZincOx the remaining 49 per cent. The VRUP is designed to have a capacity of 100,000tpa EAFD and cost about US$107m to develop. As for the shareholders following the AIM admission cancellation, ZincOx has appointed Asset Match, a Financial Conduct Authority (FCA) regulated group that will operate an electronic off market dealing facility for the ordinary shares. This facility will allow shareholders to trade their ordinary shares by matching buyers and sellers through quarterly auctions. ZincOx has said that shareholders should note that following the cancellation, even with such a trading service in place, there will be no public market or trading facility on any recognised investment exchange for shares and accordingly, the opportunity for shareholders to realise their investment will be limited. When they suspended last October the shares stood at 0.45p.
AVOCET MINING - Important Information Removal of Shares. Important Information & Other Key Dates: Further to the Appointment of Administrators on 21st August 2019, we have received notification that the Avocet Mining shares are no longer eligible to be held within the UK Settlement System. We have therefore removed the Avocet shares from your account. Should we receive any distributions from the Company, we will notify you at that time. Please note, however, that there can be no certainty that such a distribution will be made. A certificated holding may be retained by the registrar. If this is the case, we will reflect this on your account although it may not be visible. Should you hold your shares in a ShareBuilder Account please be aware that upon receiving a certificated holding we will take the necessary steps to transfer the shares to your ShareDealing Account, in accordance with our Terms & Conditions. No fractions of shares will be transferred.