Ok now let's put this into some kind of context and ask the question ?
Who owns the vast majority of non LME warehouses?
And who has come out on several occasions including the CEO and stated,
"The zinc market is going to get a whole lot tighter moving forward".
I repeat "the cons and the refined markets are currently in surplus", however once all the mines I've previously quoted starting with century and lisheen become depleted then you will start seeing a significant draw down on excess refined metal.
In the meantime "DO NOT PANIC"
Ann: IBG Advances Permitting, page-77
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