Provided ZFX have locked in a blocking stake, I think they...

Provided ZFX have locked in a blocking stake, I think they wouldn't care about owning 100% until AGM generates revenues which they would want to consolidate into the group. With 30 or 40% or so they could spill the whole board and replace the directors.. also when target directors throw their support behind a deal typically they are pushed to sell their shares. They would then conserve cash.

Either way I think they will get it over the line now. Jinchuan won't want to sit there holding 10% and ZFX 90%.

Priority for ZFX/OXR post-deal will be to go after a multibillion dollar target in copper imho. Today's AFR mentions michelmore talking about africa and south america being targets.. that would mean for the ASX equinox and tamaya. Talk is they have both been to visit wayne at cudeco..