OXR oxiana limited

takeover target, page-10

  1. 17,372 Posts.
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    hi guys, interesting discussion. And yes, until I bought into the OX the other week my perception of the OX was 50/50 copper gold producer. But 60% zinc ?? Interesting that the SP has been as strong as it has with Zinc coping a recent shallacking.

    Question, if the OX were to take over ZFX would they do so with cash or would they issue ZFX holders shares thereby diluting our holding ?? Interesting, even exciting, numbers PhilW came up with re a ZFX merger. A T/O of ZFX would be best done sooner rather than later. ZFX PE is incredibly low ATM due to "the shallacking of zinc". When Zinc recovers, ZFX could fly.

 
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