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Zinc down another 4% tonight....Well ara79 based on your point...

  1. 914 Posts.
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    Zinc down another 4% tonight....

    Well ara79 based on your point "No.1" of a GFC2 and the way commodaties are falling, you may not be far off the mark. Again you are also correct that BTR is set to weather this mess with 6 mill in the bank, 10 Mill thanks to Glencore's recent stake and another possible injection of a further 10 mill around end June this year if BHP elect to move into Mumbwa phase 5.
    The real bonus will be when the markets regain some sort of rationale and stability, that Perkoa will be injecting a cash flow and remove some of this irrational volatility from BTR's SP.
    Time to take comfort with what is only shortly away from BTR's grasp and turn a blind eye from todays mess.

    Cheers,
    Snap
 
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