Zinc crisis, page-2

  1. 218 Posts.
    lightbulb Created with Sketch.  22
    Agreed, looks like this is about to get very interesting! Zinc hasn't gone parabolic yet, but last time it happened in 2006 the price stayed high for over a year. At this rate of daily draw downs the LME stockpiles will be zero within 6 months, and there's not enough new supply coming this year or next = zinc crisis.

    There's no better time for a junior to finance a very large project, and the current lack of market credibility and abysmal share price says there's plenty of upside for IBG if/when finance is secured and the mine is built.

    http://www.westmetall.com/en/markdaten.php?action=show_diagram&field=LME_Zn_stock
    Orange is LME stocks, red is price:

    upload_2018-2-27_20-6-41.png
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.