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simon54 - Thu, 28 Dec 06 :

I suspect we're entering a very different 'phase'. From the hints we can pick up via googling, Zhunuo looks as if it might be a project on a significant scale. So, it's no longer a story of a small-scale, high-grade, low-capex project but one that stretches well into the future with all the funding implications to come (i.e., not just the original earn-in).

Obviously, it would be very nice to have some near-term cashflow to support that future, but we don't really know of that yet. I'm optimistic, but we shall see soon enough, I think.


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