Surandy,It is not an opportune time to get a clear valuation of...

Surandy,

It is not an opportune time to get a clear valuation of a mining company when there is plenty of upside in the ground that has not yet been proven. Zinifex are aware of this knowing the potential prospects from current drillings, holding their own mine in Rosebury, and being informed of the geological mineral rich areas of the Tasmanian West.

If you were building a house that was half complete and someone offered you $74,800, you would not bother with a valuation on the current status. Because your plans are to build a $748,000 dream house, with an indoor pool & spa, theatre room piped music, internet and TV in all rooms, cellar, auto adjusted air con and gold fittings in the ensuite.

Quite clearly the valaution would be superfluous to the owner(s).