small amount to be hedged.mining news item, page-18

I have a few concerns being:

1) Additional dilution of the register. I know that this was going to happen anywaywhen the notes were going to be converted however it's a bit of a shock to see the TSX listing;

2) Non-hedging policy. Obviously MF is quite bullish on the zinc price however current zinc price movements don't exactly inspire me with confidence that we will see 4,000 per tonne any time soon (having said that though, the end of Chinese NY might have the effect of increasing zinc usage and stockpile erosion to the similar stage as nickel).

3) Amazes me that this info is just handed out by MF at a junket and not communicated to the shareholders by way of an open briefing. Either MF should advise shareholders of what is going on prior to chatting with the media or he should keep his mouth shut. This little snippet of information will only serve to increase uncertainty about AIM.

I'm a long term holder and I will probably end up holding this until they are lifting ore from Perkoa however I can't say that I am confident that the next few months will be a whole lot of fun for the shareprice.

Anybody got any views of the potential effect of additional listing on TSX?