UK 09:27 Saturday, 7 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Zinc waste recycling specialist and long-term AIM dog ZincOx Resources (ZOX) is seeking £3.2 million in a placing and open offer at 13p to improve the performance of its flagship recycling plant in Korea and develop new projects following a drastic improvement in operating results there. Indefatigable chief executive Andrew Woollett, who is contributing to the fund raising, says the £2.1 million placing should enable the company to remove bottlenecks at the Korean plant, which is claimed to be one of the largest electric arc furnace dust facilities in existence, while he hopes the £1.1 million open offer will ‘allow us to press ahead with pre-development work for our next project and so begin to unlock the potential for rotary hearth furnace technology.’
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