IDL 0.00% $1.27 industrea limited

has the big seller finally gone, page-18

  1. 5,510 Posts.
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    What they say today may not be relevant tomorrow Timoshev. If the mines decide they are going to reduce production, what say do IDL have in the matter. Not saying that will happen. Just putting it out there as a worst case scenario if metal prices keep falling, or if in fact they have already fallen below the cost of production. Remember zinc has dropped from 80cents to under 50cents in the last month. 80cents was already low. Lead has fallen from 90cents down to 54cents in the same timeframe. Admittedly, the AU$/US$ exchange rate has also had a rapid change in value.
 
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