...well...nobody would finance a project with a negative return on investment and therefore at the moment the zinc in the ground has just a theortical value.
I guess that the breakeven for an investment probably is somewhere around a zinc price of 0.90-1.00. Therefore before 2009/2010 (where a recovery to 1.20-1.50 seems possible) nobody will finance Perkoa. At the moment around 0.83.
That's the reason why it is so crucial to now "how long" the cash will last and furthermore to remain "se.xy" for any investor we should see some interesting news either from Perkoa or Mumbwa or both.
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