Well well well...looks like the stock is going the wrong direction for a high profile zinc (bfs approved) story....
That must be frustrating for people holding...but I do not understand why this "long" term holders like mookie are jumping up and down to bash the down rampers(which until now were right)... You are in for the long term guys....because of strong zinc fundametals and the very high quality of the project...and management..and financier...and broker.... So you are laughing in about a month time when everything is arranged(of take agreements + 100 mln finance) so relax.
I wonder who is selling...could it be parties who are going to join the new placements???? Oops Am I speculating again.....But who will underwrite the 2 for 1 rights issue??? at 5c???? probably somebody who doesn't want to end up with all the shortfall...so offloading a couple of shares at the moment is not a bad idea....
By the way Mookkie you with all the answers and facts you want....you did not answer a question of mine...Why did they do the option issue last year????
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