The company hasn't toldyou tha there is a glut of zinc in the world at the moment have they?? They keep sayin gthat the zinc price has been a shocker.
Supply and demand reflects the current zinc price. The bad news...zinc price will be lower and lower.
For you INL shareholder, by deduction you should know that the process is not economical. If the process is uneconomical in the current price then there is no hope for INL. My recommendation...dump and save whatever you have left.
A couple of weeks ago I asked a few probing questions...their defeaning silence said it all. Runaway as fast as you can. This is not a highly speculative buy...it's a suicidal buy.
strengthening in top 50 holders, page-20
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Last
54.5¢ |
Change
-0.020(3.54%) |
Mkt cap ! $104.3M | |||
| Open | High | Low | Value | Volume |
| 56.5¢ | 56.5¢ | 54.0¢ | $52.26K | 95.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 123898 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 40000 | 2 |
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| Last trade - 15.59pm 13/11/2024 (20 minute delay) ? |
| SDV (ASX) Chart |