re: Ann: September Quarterly Activities and C...
Pleased to see that I'm not alone in viewing today's announcement as very positive. I deliberately held back waiting to see what others thought.
Beats me why we linger at the price we are, but we are & I along with obviously many others have take this opportunity to buy or build. I still think there is a primary acquirer out there who pounces on large parcels - time will tell.
Back to today's announcement, the quality of the zinc & lead in particular seemed outstanding, dare I say, almost too good to be true. I'm hardly surprised at reference made to discussions with other parties either. Beside Century, you'd have to think that (overseas?) end users might see the opportunity to secure supply by JV / takeover / financing deals whilst we are in the bargain basement.
RMG Price at posting:
0.5¢ Sentiment: ST Buy Disclosure: Held