I've put up all the facts as I know them on here and on SS.How...

I've put up all the facts as I know them on here and on SS.

How OXR management wanted 50:50 for something that OXR was bring 1000Kt of zinc equivalent annual production to ZFX's (generous by me) 800kt of zinc equivalent.
Not to mention the copper, gold premium we had.

And the P/E discount ZFX had been trading at due to the cash and none growth outlook.

I've posted what ZFX previous half year Zinc realised price is and what even if hopeful figure would be.
And how close ZFX will be to making a loss from their zinc operations this quarter.

If we assume the HY zinc price is $2000 which I think is closer to the mark, then thats $900/t or $270million of the ZFX revenues or much of that off the ZFX profit.
Consider that ZFX profit from continuing operations was $225million if I remember rightly
http://www.zinifex.com/shared/downloads/asxannouncements/ASX_Release_Zinifex_Half_Year_Accts_Dec_07_250208.pdf

This is the comparion of performance of other shares
http://www.resourceinvestor.com/pebble.asp?relid=44059

PNA probably best example though I can think of of a copper/gold play