takeover talks keep oxiana buoyed, page-7

If anyone is still wondering if the merger is a good thing for OXR shareholders, here is the last (summary) slide presented by MD of Zinifex at Merril Lynch 2008 Global Metals & Mining Conference in Miami, USA yesterday. It says it all!!!

FY08 Outlook for Zinifex
·Substantially lower average zinc prices
·Higher zinc and lead treatment charges in 2H08
·Cost pressures from energy, labour and other
commodities
·Plus increased exploration activity and merger costs
·Will more than offset higher zinc and lead production and sales
·Resulting in lower expected earnings in the second
half of FY08

http://www.zinifex.com/shared/downloads/asxannouncements/ASX_08.05.13_Merrill_Lynch_Mining_Conference.pdf