re: lots of cash rumour what source I don't know whether ZFX is interested in KZL but back on 23 April the following exchange occurred between Alan Kohler and ZFX CEO Greig Gailey on ABC TV's Inside Business:
(and the link for the full transcript is http://www.abc.net.au/insidebusiness/content/2006/s1621836.htm )
ALAN KOHLER: I suppose the question is whether you're considering diversifying outside of zinc?
GREIG GAILEY, CEO, ZINIFEX: Again the strategy is clearly stated. We like the metals we're in. We also like other base metals which are related to our business. As well as zinc we produce lead, copper, silver, gold and in any of those materials we would feel very comfortable.
ALAN KOHLER: Right. So each of those materials, because you're known, obviously, as a zinc company primarily, and the other metals you mentioned are minor. So can you see a time in the future when one or more of those metals equal zinc in terms of Zinifex's portfolio?
GREIG GAILEY, CEO, ZINIFEX: I wouldn't like to look forward in that sense because I think what the future holds is not necessarily certain, but it's also worth mentioning that we are the world's third-largest silver refiner, so we're a big producer of final silver as well - doesn't contribute a huge amount to our profit, because we pay for what we bring in to Port Pirie, but we are a major player in the silver market.
ALAN KOHLER: Can you see possible takeovers as well as developing mines?
GREIG GAILEY, CEO, ZINIFEX: Acquisitions are something that are clearly of interest to us, there's no doubt about that. If we could find an acquisition at the right price which added value we'd be very happy to do that. And I have no doubt that just as many merchant banks pass through my office proffering companies to me, they pass through other people's offices proffering my company to them.
ZFX
zinifex limited
