Stock price when the opinion was issued
His suspicion is that this trades better this year as a consequence of higher zinc prices. He is not attracted to it, because he wants companies that will end up in the lowest cash/cost quartile in the world, and this company won’t be among them. However, a rising tide should float all ships, particularly Canadian ships.
They have all their permits. But where do they get the financing from? But it is a timely investment. Next year one of the largest zinc deposits in the world is being decommissioned.