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Thanks for the info on Florys movements Safari.I thought they...

  1. 13,575 Posts.
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    Thanks for the info on Florys movements Safari.

    I thought they were going to base themselves in the UK so they were closer to their main finance sources and project consultants rather than in Sydney.Certainly makes more sense rather than this constant to and froing.

    On a positive side it looks like zinc prices will be staying at or above $3000/t for the foreseeable future so hopefully there wont be the chance of any of the deals being set up falling through,although this will depend entirely on how any offtake/finance is structured.

    The lack of info is frustraing but Imo,as someone said a little while back,it is probably better that nothing is said rather than giving the market false expectations.That being said they have committed to a rough kind of a timetable for the Perkoa offtake/finance arrangements so it would be awefully appreciated if they did stump up with a bit of an update.I'm not holding my breath though.

    The sp is still holding reasonably well considering the lack of info flow and the overall market weakness atm.

    d.

 
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