ZFX zinifex limited

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  1. 483 Posts.
    What have you based your $1.35-1.5bill estimate on, Benbo? ZFX's expenses don't increase when the zinc share price goes up - it is just all cream on the earnings level from last year.So I've increase revenue by around 50%, and I've increased expenses by around $500mill for this financial year(25%), which gave me the EBIT of around $2bill. Zinc LME price could easily average $1.50 and possibly over $1.75. I'll stick with my estimate of around $2bill EBIT atm.
 
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