Monster Zinc Project here!, page-28

Discocopper, it wouldn't make good business sense for HZL to launch a T/O bid until they're certain they've  finally lost the project and with no other way to secure it. HZl will sit tight until such time as India Resources  via CMPL has actually got the LOI or ML in their hands. The more I look at the possibilities, the more I'm convinced that this is the scenario that will unwind during the next 6 months to 1 year. I picked up a few more IRL shares today at .003c and plan to buy more if I get the chance at this price.
The risk reward is growing by the day.
The image of the HZL Sindesar Khurd mine shows the length of their lease at 2670 metres, the width of the ML lease is 750 metres wide with a centre section up to 1000 metres wide.
What most investors fail to realise is that Hindustan Zinc is the worlds largest integrated Zinc producer, and is worlds top 10 largest silver producer. Sindesar Khurd mine is not the largest HZL mine in India but comes in at a respectable second at 2.0mtpa of ore . Even more important, HZL is one of the cheapest producers of Zinc in the world.


HZL is looking to expand their Lead/Zinc portfolio, and their own presentation depicts their aspirations.
India Resources CMPL Aravalli project is slap bang in the middle of HZL's exploration area.
Anyone who would question my suggestion of a HZL T/O better take a second look at the information.
I'd suggest that IRL management are already well aware of the possibility and therefore were extremely happy to load up with more shares last year. All Directors are listed in the Top 10 shareholders, all looking to retire wealthy in the next few years.