imho it's extremely shortsighted to say that zfx will be out of business in 10 years....there are so many ways to extend resources in this day and age especially when you have the development budget of a zfx.
they just went in with drk to solve this problem so give them a year and i think the mine life issue will be a non-issue.
think about jbm....a year ago the market said that cosmos would be finished in 6 yrs....so valued them on p/e of 5 and a 11% yield....now their exploration program was so successful that they are trading at a premium because they have such good growth prospects....funny.
even if zfx ran out of mineable zinc in 10 years, at current valuation you would have made your money back 3 times over assuming zinc stays over 80c/lb. Not a bad punt imho.
do your own research
ZFX
zinifex limited
minelife, page-3
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