By the end of October, ZFX will have made a profit for the first 4 months of around $700mill (based on the av. LME spot zinc price of US$1.50/lb), and the spot price continues to rise. ZFX is currently ridiculously undervalued IMO. While their zinc resource may have only a few years left, this company is currently trading on a prospective PE of around 3.
ZFX
zinifex limited
