UCL ucl resources limited
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  1. ddzx
    37,911 Posts.
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    24/04/13
    06:01
    Post #: 11680900
    I cannot accept $19bn of recoverable metal in the ground is worth $1m

    yep

    it is worth $0

    to recover it requires CAPEX and OPEX, which will not make a return at the current 83/lb cents zinc

    that the zinc is actually "recoverable" is questionable

    UCL Price at posting: 31.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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