could zhongjin be planning a full takeover , page-2

This company has a market cap of about $320m, with cash of about $120m. It is producing 120kt to 130kt of lead & zinc from its Broken Hill operations at a cash cost of 40c/lb (sale price closer to $1.10 at the moment, so margins are awesome). Broken Hill is a long life mine, reserves are increasing. That operation alone might be worth $500m in this market. So, I am thinking $600m (raw value)with the cash, or about $1.10. You then have Mt Oxide and this acquisition of Globestar, without any share dilution.

Ths has to be very cheap at 59c. What are the brokers saying?