Zuleika Gold (ASX: ZAG) – Menzies focused gold explorer
COMPANY SCOREBOARD
Pro Plus | Pro | Con Plus | Con |
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ABOUT COMPANY
Zuleika Gold (ZAG) (https://zuleikagold.com.au/) explores gold in Western Australia. Its flagship is the Zuleika Gold Project in the Menzies region.
CAPITAL STRUCTURE
ASX Code | Share Price | Shares | Option (In) | Market Cap | Cash/Asset ($m) |
ZAG | 0.018 | 736085520 | 13249539.36 | 3/0 |
Holders No | Top 20 (Cur) | Top 20 (Pre) | Director Hold | Performance Right | Note |
1076 | 55.49% | 47.78% | 4.20% | 28000000 | last raise $3m@1.4c+2cOpt; pre raise $3m@3c to Creasy |
Mark Creasy (Yandal Investments) holds 42% plus another 213m 2c option.
All unlisted options and performance rights are price-sensitive between 6c and 10c expiring at the end of 2023.
FLAGSHIP ASSETS
Menzies Gold Project WA
SUMMARY
The company will not only need Mark Creasy’s money but his time and expertise to rejuvenate its projects.