banks vs shareholders, page-12

And another thing........
PAS creditors get somewhere between 10 and 20 % of Zinifex depending on the book build-they are not escrowed and no doubt will be the subject of dumping day one.
It is rumoured to be on a forecast PE of 21 times-that is with a US zinc price back in its normal trading range and lead at record levels-as they have virtually no exploration on greenfields opportunities I know I will not go near that sort of earnings equation when Century has only an 11 year minelife and Roseby less.
Stay tuned ,after the press have had their go tomorrow I will continue to throw dirt at this marketed piece of garbage.
Cheers.