re: 2008 for zinc.discounted npv and sp I'm beginning to think Brabus may not be far from the mark.Chart says no reversal of this current trend anytime soon and it may go as low as 10c from the looks.This is becoming a confoundingly difficult stock to put any kind of direction on.Thing is there is almost always a reason for an sp moving the way it does.I keep smelling the same smell I did around the same time of Avl's progress on Dikulushi only difference being the amount of cash and volume it would be taking to do similar to the sp.Avl was a reasonably low volume stock at this level so it was relatively easy to manipluate the sp down.But 4M plus volume like today takes $400k plus to push the sp down which seems a little desperate.Like Brabus I'm starting to smell an issue around 10c.Lets just hope if it is it implies a relatively small issue needed,say perhaps less than 100M.I would like to think they could keep the total equity issued to around 700M,but perhaps this is wishful thinking and 800M might be closer to the mark with all the associated risks that go with an African spec play.
Just a result on the offtake would be nice.
Does'nt anyone want Aim's zinc?
d.
d.
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