Hi guys, latest goss here is that PEM are also in discussions with a Canadian mob as well as CBH. Talk of CBH/PEM deal and then the Canadians could take the new entity as a whole. Apparently a new resource find ( that I said about recently ) is closer to CBH areas here and this is one of the catalysts for the deal. Either way its good for the town and both sets of shareholders with zinc forecasts for the next two years looking ordinary from a sellers perspective. More diversified if merged, bigger spread of commodities and more appealing to the market in general. I hold both Pem and Cbh....cheers.
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Simon Kidston, Non--Executive Director
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