It seems the above posters are from the Zinifex camp
It’s more like if Zinifex didn’t merge with OXR they would be stuffed
The only profitable mines are OXRs, Prom hill was OXRs
Where was Zinifex going to earn money from? Their cash balance would have dwindled away
Zinifex had their day in the sun, but that was over. The best thing AM has done for ZFX holders was to sell the smelter and merge with OXR
OXR could have done a placement at that time and raised the $$ needed to continue developments and not created as many shares as they have today.
I believe having the billion $ led management to a false sense of security, they spent and didn't rationalise. No vision
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