"Nyrstars offer price would be within 3% of the low end of this adjusted GTCF valuation range. In reviewing the GTCF valuation, we note that the valuation range has been based on a: Long term zinc price assumption of US$1906-1955/t. Long term lead price assumption of US$1808-1857/t."
Nyrstar's offer seems fair based on THEIR LT prices. But their LT prices are a little conservative IMO when you consider future World growth, especially BRIC countries.
CBH Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held