the $200m in synergies/savings is equalvalent to PEM MC, only different is that PEM still have about $80m in the bank. I realised that zinc prices is very low and their production cost/lb is nothing to sing about, once they merge with CBH economy of scales will achieved and with the recent supply distruptions I think stock piles will go back higher. If you still belief that zinc will recover at lease in the short term this is the best stock to buy imo.
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zinc price up, page-5
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