to merge or not to merge that it the question, page-8

"By the way if the zinc and lead prices stay down for another six months. many zinc companies will scale down or stop mining for a while to force up the price. The companies that will survive will be the winners."

I tend to agree, surely production will fall off at the prices cmpnies are getting atm.

I don't think PEM should be in a hurry to merge, I think if they hold off they'll get a much better deal.