Does anyone have any information on the old Z&L processing operation that was run by SZK.(processed WPT I think) I did read some information on SZK, before they adapted the plant to process copper. I cannot remember if it was posted here or I came across it whilst trying find info. on acquisition deal that started with SZK ?
If the DFS flowsheet is our only solid business plan and we can find someone to help with the CAPEX its not exactly going to set the world on fire unless we see significantly higher figures, and I mean doubling of profit projections.
Consolidations always work on AIM by the way, in favour of shorters at least.
Oh, I forgot to say, if no JV then nobody has any faith in our prospects so I would get the hell out at the earliest opo. Sorry but it is common sense. There must be a good reason why we have not been picked up by other companies along the way. If the Chinese don't want to know, it is not good news IMO.
BF, for me the SP is too low to raise money, too near the nominal value. Unless there is outside money coming in for a JV, I agree a consolidation is likely. The last few fund-raisers have been priced so that the money boys get a quick in-and-out and a 10% for their troubles. Not a stellar endorsement of BMR obviously, but why would it be? The whole thing is a complete mystery thanks to our last CEO.
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