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In reply to: Katie on Tuesday 04/10/05 11:15am

Hi Katie

 

I think it's just the increase in the cost of Zinc. More demand than supply. I think KZL is also worth looking at to benefit from the improvement in the price of Zinc.

 

Regards

Bev

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Hi Katie,

 

HAve been a ZFX investor for a little while and watch them closely.... thought it funny the day after you post your quesiton the share took a bit of a tumble (3.5% .........and yes i do realise what a red day on the asx it was.....). Do you always have such an influence on the stock market? http://www.sharescene.com/html/emoticons/biggrin.gif

 

GO ZFX! http://www.sharescene.com/html/emoticons/lmaosmiley.gif

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Channel 7 news in Adelaide had a story last week about the increase in lead etc poison in the atmosphere from the Zinifex smelter in Port Pirie.

 

SA Govt has been slow to release the report but it has finally come out, government and operator meetings scheduled for Port Pirie this week, locals not happy.

 

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This is from the Adelaide Advertiser 11/09/05

 

 

 

Pirie lead levels: why we can't tell you

 

11sep05

THE State Government has refused to release a report into high lead content in blood of children in Port Pirie, saying to do so would "mislead and encourage ill-informed speculation".

 

Health Minister Lea Stevens is reviewing a draft report she sought from the Health Department's special programs manager Dr Ted Maynard.

 

It investigates ways to improve blood lead levels ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“ linked to the Zinifex smelter ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“ which affect almost 60 per cent of the Port Pirie children under five, according to the department.

 

Using Freedom of Information legislation, the Sunday Mail requested a copy of Future Focus and Directions: Draft Interim Report Port Pirie Lead Implementation Program February 2005, but this was refused by department FoI officer Kath Thomas.

 

This issue follows concerns raised by Dr Maynard in June that the lead exposure problem has not improved in recent years.

 

The department, in its FoI response, says to release the report would compromise the relationship between "stakeholders" and the State Government.

 

It says the release of the report would be "contrary to the public interest."

 

"The public interest in this case is considered to be the community of Port Pirie, specifically the well-being of its children who have the highest mean blood lead levels in Australia," Ms Thomas wrote in her response.

 

She said the outcomes of this review would be released later this year.

 

However, Port Pirie mother Natasha Evans, 20, whose 17-month-old son Jayden has high lead levels, said she was entitled to know immediately what was in the report.

 

"That's not good enough, not at all," Ms Evans said.

 

"If there are other ways to lower children's lead levels, then all parents should know about it."

 

"Jayden's blood lead level measures 26 micrograms per 100ml of blood ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“ 16 above the acceptable international and National Health and Medical Research Council guidelines," Ms Evans said.

 

In March, Ms Evans and her son shifted further away from the Zinifex smelter following serious concerns by doctors.

 

Opposition health spokesman Dean Brown said Port Pirie residents such as Ms Evans had a right to be informed about the content of the report.

 

"There will be many families in Port Pirie . . . gravely concerned that the Government should sit on such a vital report," Mr Brown said.

 

Dr Maynard told the Sunday Mail in June he had been reviewing the future strategy of a $30 million, 20-year government lead program.

 

The program involved regular tests of children under four, relocating some families from high risk areas and demolishing contaminated housing.

 

It also included better sealed housing, reducing exposure by planting lawn or laying gravel, and educating children about proper diet and handwashing.

 

Such measures are designed to lower lead exposure, which can affect the brain development of infants.

 

Ms Thomas also said in her FoI response that to release information from Dr Maynard's draft report, "potentially out of context", would:

 

MISLEAD and encourage ill-informed speculation.

 

DAMAGE continuing negotiations.

 

PREJUDICE the integrity of the decision-making process.

 

Dr Maynard would not comment this week about the specific recommendations in the draft report.

 

"I guess our work with the smelter and the Environment Protection Authority and (emission) source issues is pretty central (to the report) and it's about how we are going to get on with this blood-lead problem," he said.

 

"I'm not going to comment on the specifics of what's proposed. I'd hope it would be welcomed."

 

________________

 

Am still holding, any views on what it may do when it goes ex div or why the sellers today ??

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In reply to: Bloodwynch on Tuesday 18/10/05 01:39am

Does anyone think that this rally could be related to an upcoming buy of the SGW tantalum assets, see the ZFX/HDN announcments recently and press...

 

http://www.sharescene.com/html/emoticons/wink.gif

 

 

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