one to watch, page-17

all the fundamentals are in place!

There sitting on a tonne load of cash too!

Zinc is tipped to come back next year

global supplies still very very tight

the same applies for all metals

China aint stopping

EPS is high; PE lowish too

I seriously reckon that PEM and KZL are ripe take over targets in the Zn-Pb-Ag and Cu area. They are the only mid-tier mining houses in this field along with OXR.

Always good to hold these, as you saw what happened with JBM

In any case, PEM is undervalued relative to it EPS.

They have also hinted that they may be looking for a takeover themselves with all the CASH sitting in the till doing nothing!