The zinc rally has been underway for more time than it has been suspended and it did nothing to lift the share price
Best outcome for shareholders would be to seek out a takeover
No good saying the asset is worth $150m+ on reserves only and then go and raise equity at an EV of only $20m. There are zinc exploration plays valued more than that. How can the Board think this would be a good outcome?
Ann: Voluntary Suspension, page-4
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