Well...interesting to see, that zinc price is slightly recovering from it's lows although analysts are predicting a oversupply over the next 2 years. Therefore I am quite convinced that with substantial higher zinc price the project will again gain on attractivity and then the financing will not be really an issue. Probably we have to wait 2 years but as long AIM exists there is still a chance of at least 50 % that Perkoa will produce.
Regarding Mumbwa I would say that everything is possible. AIM sureley will not be in the position to develop Mumbwa itself...but...if they could deliver some exciting drilling results a lot could happen.
Two years ago everbody was bullish...today everbody is bearish...so unfortunately I have not a cristal ball on my desk but in 2 years a lot could be different than now. Subprime crisis over ? China, India booming ? Commodity prices exploding (zinc included) ?
Therefore I am of the opinion that the story is not over yet. I have heard that some large stakeholders are still convinced that on the long run they will get their money back and more....
The next few weeks we will get more news and then I and probably a lot of other investors will be in the position to decide if AIM is really dead or if AIM is on hold and has the capability to start again the engine.
End we should be fair enough to recognize that the actual management - after Flory went - has done a relatively good job under the given circumstances. I have the feeling that if Flory would still be in driver seat AIM would really be completely dead.
Well...interesting to see, that zinc price is slightly...
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