Desperate announcement.
Funny how they've also switched over to GS for corporate advice. UBS were there advisors remember on ZFX.
What an amazing transformation.
Looks awfully bleak.
The days of white night Chinese/Xstrata are over.
At best, you'll get Chinese funding but they'll take a controlling position plus +.
At least Hegarty got to sell some shares JUST IN THE TIME...hmmmm....:(