Recent content by ozrob

LYC has been steadily increasing in price today and is currently at .595 and has been as high as .60 Anyone know what's behind this 9-10% increase.

MELBOURNE, Aug 26 (Reuters) - Lihir Gold Ltd (LGL.AX) on Wednesday said its first-half underlying profit more than doubled, beating expectations, and boosted its resource estimates for its mines at Lihir Island and in Cote d'Ivoire. Lihir said it had increased its indicated resource estimates...

At long last some good news, they are offering 3.1931 Oxiana shares $3.97 for each Zinifex share which on Fridays close price makes ZFX worth $12.66. I wonder how much above this price they will trade at ??? :) :) :)

I totally agree, ZFX should let Lion Selection Group Limited keep its shares and walk away from AGM. They can then sit back and watch the price drop to 50 cents.

I'm in the same boat as you, and just a little worried about how far of this strong future may be. I'm also hoping the SP does not collapse again after the next dividend which I think is paid at the end of March.

I think just about everyone out there holding ZFC would happily sell if any sort take over offer was to materialize. I would have thought with the share price so low anyone who was interested in taking them over would start buying up a initial stake.

The above announcement was made today. Good news for LYC when it starts producing, demand is going up, price is going up and supply is limited.

I was just wondering if ZFX dont spend any of the 2.2 billion on more acquisitions or the AGM offer does not succeed will they give some back to the share holders as a bonus dividend in a few months.

Link to story Well I personally was not expecting any action from zinifex till early next year. Looks like they are trying to strengthen their position from possible takeover offers.

link to story I found this article today, what does every one think. I bought some a few weeks ago at $14.60 and have been holding them as they rollercoaster up and down. :confused:

It looks like the rumour mill has gone in to overdrive again, at the moment ZFX is up about 6% on a possible take over offer. Edit: Just hit 7%

After the hammering they have received in the last few weeks I think most people holding ZFX would be over the moon to see anything near $18

I would think this after market announcement will have a positive effect on the share price tomorrow, after all it is 7.79% of a major asset. :confused: What does every one else think ?

Zinifex are off to a good start today, at the moment they are up 4% on very high volume 18,800,000. I just hope they don't end the day back down at the opening price.

That sounds like it could be more than just a rumour, glad I topped up my holding last week at $14.60.