It will now be interesting to see how low it can really go by the end of June.
At the current leakage rate per day, I predict somewhere between 5.5c and 6.5c On the current track record, it still wont be a buy at these prices.
Unless one is using the "hope" factor. lol
I would rather Bill say
"Look chaps we have no chance of finalising offtakes until the zinc price improves, we will slow the development on site to keep cash flow tidy and wait for better times. I predict the ore to be stockpiled during 2009 and by early 2010 we will be in a position to progress with the project. In the meantime take the missus on a holiday to Paris and forget about AIM. For those that cant handle the delay, I will see you in the asylum"
AIM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)