this is the interesting part
who would be the potential buyer? cashed up buyer?
able to produce 80,000 oz per annum and under utilised?
now lets see who can make a deal and how can Zenith be involved in such a way.
1-Ramelius has 440m cash
2-Gold road 80m
3-St Barbara 250m and definitely they want to put the money somewhere
4-Gina should be looking too, she can come close to Chris ellison's mount holland and own decent assets.
5- Red5 got 360m
buying an operating mine i low risk and very efficient
Ann: Strategic Update Following New Management Appointment, page-10
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