while i appreciate your cautious attitude, i think that
1. we don't know the extent of equity funding, if any
2. the directors haven't the capacity to ramp the price. the daily volumes indicate day traders plus some being put away in the hope of decent offtake agreements and financing arrangements
3. the construction should take approx 18 months leading to production in late 2007 early 2008
4. contrary to what one poster says the government is stable for africa and fully supportive of the project.
5. production costs have dropped dramatically whilst the zinc price has increasd by usd400 since the bfs.
if you want to wait until funding has been announced., imo you will well and truly missed the boat, or in this case the truck.
good luck
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