takeover talks keep oxiana buoyed, page-10

BlueIce

Enjoyed your post. Based on OXR @ $3.45 & its top range to $4.35 it is trading @ 22% discount. For ZFX same calc [$10.35 relative to $14.25] is 38%.

Tragic earthquake in China + strikes in Namibia have prompted media reports such as:
“Another London broker said the Chinese earthquake will have a bigger impact on the LME base metals than anyone anticipates. He said the majority of operations in the area of the epicenter are lead and zinc underground mines.”

http://siliconinvestor.advfn.com/readmsg.aspx?msgid=24583624

This may impact on ZFX SP - already undervalued with a low PE - could prmopt ZFX shareholders to baulk @ takeover. As a holder of both OXR & ZFX I think the merger will realise OH's vision & prove a boon for both companies.

4YI - not financial advice