Yeah the 7.5% interest is not an issue as the cash in the bank will be earning that.
They need to hurry up and develop panorama so they can have a massive bang in 2010.
ps. Interesting analysis.
The prevailing feeling of the experts is that while zinc is unlikely to recover in a hurry, the long-term outlook remains encouraging. One reason for comfort is China's transition from a developing economy -- which uses steel mainly for construction -- to a full-blown consumer economy. This will lead to more demand for galvanised steel for white goods and cars. A galvanising stat: for every unit of steel, the US galvanises five times more than China.
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