Why would OXR walk away from friendly merger talks with ZFX last month when ZFX did not even have a CEO, only to come back and with an expensive bid for ZFX?
They will definitely not bid for ZFX, they have too much of their own organic development to do and ZFX being mainly zinc will not be attractive
OXR will stick with COpper/Gold and maybe have pick up of some nickel if there is not any in their exploration portfolio. Look to Newcrest another Copper/Gold
Zinifex is more likely to make a move on OXR if there is to be any M&A between the two.
R
OXR
oxiana limited
