battered to 80cents a zinc pound value, page-14

G'day Domum
Hopefully we will be pleasantly surprised , but realistically, I've become resigned to the fact Aim may well yet "frustrate" for up to another 6 weeks !
Re -reading the April quarterly re Offtake Agreement
"Company Board and Management will be reviewing a number of financing and concentrate offtake proposals during May 2006 with the view to finalising negotiations with potential offtakers and financiers by June 2006 "
Said "negotiations" could therefore go on to the end of June --beyond me as to why , but by the time all the sign -offs are in place , we might have to wait to the issue of the July quarterly towards the very end of the month before all is revealed .
Heavy volume beforehand could tell us differently ---but even then , that could be a false alarm . The next ASX announcement may well be that drilling at Mumbwa has actually commenced , and the speculators who have bought in anticipation of news on Perkoa will scoot off again .
If that scenario was to occur , then I think that might be a window of opportunity to grab a few more of the ordinaries or the options ( wherever the best value is).
The saving grace to the delay , may well be we have had the base metals shakeout that we had to have , and ( hopefully) the share price has been punished before rather than after .
Hope Vivonne is right , but whilst I wish otherwise ,not banking on having to consider cgt issues before 30th June !!!!!!
cheers