look further company is expanding and spending money to do so around 33 million last year towards this.
this is a long term play. silver hedges will finish after this year thats if they dont buy them out. as they can borrow as much cash as they want from the chinese. even with them they will still turn a tidy profit.
they have a lot of future projects to develope some of which have been tested and have the green light already.
i could go on but plain and simple this will become a huge company within the next 2 years with a sp to match the chinese are using this company as a way to expand into the australian and south american markets like i said before imagine if you can borrow as much as you like pay only 2-3% intrest.they atempted to buy Anglo American?s zinc assets for well over a billion dollars before even with pems market cap at 330 million.
this gives you an idea of what Zhongjin Lingnan has in mind for pem and the borrowing power pem has at its finger tips.
going into a bull market as i beleive that we are the only way is up
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