DcrostonA good summary. I will give my views as I was a long...

Dcroston

A good summary. I will give my views as I was a long term follower who sold out a month or two ago (when it spiked up a tad).

It's very uncertain times and the criteria I am now looking at is good companies in good sectors. Zinc is not a great sector right now, but my main concern is that they straight out have crap, greedy, lying, incompotent management. Debt funding has taken years (still not complete), and every single quarterly report states that offtake agreements are imminent. 7 months ago I was at a conference where Flory stated that offtake agreements are being held up only because of the European holidays (August).

I like their projects alot although I would vote Mumbwa far higher than Mokopane. Perkoa is a very high grade project.

I can't see any major development in the next 12 months so I may well be able to get in at a later stage.

Bottom line is there is a number of good companies at rock bottom prices. Why should I choose one with abysmal management?