Also Re FMG/Roy Hill:
Remember what the IO prices were when FMG acquired those tenements. Roy Hill needed Gina's deep pockets. That is why it strikes me as strange since the acquisition was made when Zn prices were around $2500-2600/mt. Not that much higher than where we are now. If they made the acquisition when Zn was in the doldrums then it would make more sense.
Possibly Overbought ???, page-27
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