re: not for me? why? Our informal poll on Zinifex being a dog is currently running at about 23 to 1.
As for you,jebgabre, a PE of 22 times earnings is not"low" when you have a minelife at Century of 11 years and Roseby of only 4 years. The supposed bundle of cash it should throw out will be quickly consumed in long overdue maintenance,smelter refits etc that the banks deferred spending on.
On the question of selling some of the crappy smelters you cannot even give them away thanks to the attached environmental liabilities. For example, arguably the best smelter is Budel in Holland. PAS picked up the 50% it did not own in the mid 90's-the vendor paid PAS something like US$50 million to take it!
- Forums
- ASX - By Stock
- not for me?
PAS
pasminco limited
re: not for me? why? Our informal poll on Zinifex being a dog is...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PAS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online