"If Xstrata is gonna make a bid, they'll want to do it soon, as ZFX is coming up from it's lows of $14. After all ZFX is trading at a PE, half that of RIO and BHP."
Disagree!
Why the rush?
Spot zinc getting canned.
Without this speculation share price would be at $14
Also, anyone think ZFX would be interested in EQN. I do. I think ZFX are interested in copper and EQN have some first class copper assets