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Exploration work at the Mbila project, in South Africa.

ZYL backs out of mine buy

Coal miner ZYL’s stock plunged on the ASX today, after it told the market it would no longer proceed with the purchase of a mine in South Africa.

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1 year TSR5 year TSR
445thBulletin Resources-8%46%
531stAzure Minerals-18%-17%
711thHawkstone Mining-50%-13%
739thGolden State Mining-55%
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09/10/19
$0 Bought
20/08/19
$14k Bought
14/08/19
$15k Bought
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345th↓Hawkstone Mining$906
348th-NKWE Platinum$532
349th-Golden State Mining$500
351st↓Azure Minerals$357
352nd↓Bulletin Resources$357
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