remote
Re; ..."Dont forget that ZFX came out of Pasminco. Not that I think that this could happen here with all those lovely copper profits. Michelmore did a genius deal for ZFX shareholders. Without the merger they would have been toast."...
Fair go mate - the Scheme booklet had to be an accurate assessment of OXR & ZFX as they were & provided insights as to future scenarios. Both were assessed to be excellent companies in their own right with great future prospects.
Copper is running hard atm, once its cycle slows the zinc cycle is expected to ramp up. This may be earlier than expected if the move to hybrid cars using zinc batteries accelerates. You'll love zinc then, unless you're short that is!
4YIO - NFA
OXR
oxiana limited
