"(Without full control ZFX/OXR cannot use their cash to fund mine expansion. That then implies debt or a rights issue. AGM could stay small for years and ZFX/OXR might just ride it out till minority holders get bored and sell.)"
Horse, I don't agree with what you suggested either. I know that all we are saying are speculations and just that but, I can't see ZFX/OXR sitting it out, with all that hundreds of millions of dollars sitting there and doing nothing.
After all, they are answerable to their shareholders too, you know??
Buddy
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