SDV 0.00% 49.0¢ scidev ltd

what has zfx got to do with it, page-8

  1. 10 Posts.
    actually ZFX gets royalties from the EAFD and Zeehan slags project which is due to commence end 2007 or beg 2008.

    See announcement 25th OCT:
    The Zeehan Slags comprise the century-old 460,000 tonne lead smelter slag dumps resource, grading approximately 13.6% zinc, 1.5% lead, 55g/t silver, with indium and minor copper also present. This corresponds with over 60,000 tonnes of contained zinc, nearly 7,000 tonnes of lead and 780,000 ounces of silver, with a combined in-situ metals value of over A$364 million at today’s metals prices and US$/A$ exchange rate. Zinifex Ltd holds certain contingent co-exploitation rights in relation to the Zeehan Slags for which it is entitled to receive a production-based royalty.
 
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