COVID Closed A Zinc Mine That Ubique Acquires With Potential $10-30M Annual Cash Flows

AGORACOM Small Cap CEO Interviews - Podcast tekijän mukaan AGORACOM

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If you  like junior resource companies transitioning from exploration to  production then Ubique Minerals is exactly the right company be paying  attention to. Ubique  currently control Daniel’s Harbour Zinc property in Newfoundland, a past  producing project with a high grade history. In the constant search for  high quality projects, Ubique started their growth spree with the  24.99% acquisition of Resource 500 V ltd in Namibia, paving the way for  the next and most significant transaction in this very young company’s  existence. Controling Namib Lead and Zinc Mining Limited (NZLM) Ubique has taken 90% control of a company with a past producing Zinc mine, and it’s ready to go back into production. What  strengthens this transaction even further is management’s experience.  They have a track record of multiple discoveries of deposits worldwide  as well as managing operations. This is  a transformative transaction for Ubique and its shareholders that will  propel this tiny micro-cap company into the rarified air of a producer. The  cost? $20Million. A very small price to transform Ubique from  exploration into a producer. Ubique is on its way to generate revenue  and chart its own destiny. Ubique has the potential to generate 10 to 30  million of annual cash flow and can re-start operations in 6 to 12  months. This is a major transaction and the growth prospects are blue sky. Ubique could very well be self-sufficient in 12 to 18 months. And if you are wondering why Zinc? It is  one of the most stable Base Metals and is constantly in demand. It is  the fourth most common metal in use, trailing only iron, aluminum, and  copper with an annual production of about 13 million tonnes. It is used in electrical batteries. About 59% of zinc is used for corrosion prevention, which includes  galvanizing. 47% of the world's zinc is used for galvanizing. This is  used to protect another metal, usually iron, from rusting. The zinc  coating corrodes instead of the iron. Constant  consumer and industrial demand make Zinc a compelling target for  production. Ubique is a SmallCap company that can potentially deliver  free cash flow from operations in 6 to 12 months. Combined, the case for  SmallCap success has never been greater. Have  seat and listen to this great interview with Vilhjalmur Thor  Vilhjalmsson, Chief Executive Office as he breaks down the strategy  behind this company altering decision in the SmallCap space and what to  expect as the company marches toward Zinc production.

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