With respect to the gold and copper assets, both recent broker updates assume they wont proceed unless gold price rises, so it seems to me the strong accumulation must be related to the Zirconium or possibly HREE to a lesser extent.
There isnt many sellers
70yr mine life for the DZP is huge!
China imports nearly all its Zircon now, and projections for demand/supply are very favorable, if buyers want a serious piece of this action then they might have to pay, cause of the relativly tight share register.
I do need to do some more research on Zircon trends before i decide how much put into this.
makes me wonder why BHP etc ponce about wasting millions on failed takeovers, when they could swallow up companies like these as a no-brainer and clean up
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