I kind of missed addressing your post because I have something of a bee in my bonnet with regards to the RBA. I think they are a bunch of morons.
Anyway, you have probably already read my post about China returning to being a net importer of zinc. The weight of this is significant for zinc and KZL.
I believe that if one holds their holds their shares until 2015, that zinc prices will three-fold. This isn't the best chart but it came out in 2011 by Antaike as well and it shows for how long China's problems with zinc will persist.
I'm not too sure how they measure self-sustainability but I know that you don't buy when their SS measure is close to demand or production. But when it falls below both demand and production it represents golden times for zinc.
This was confirmed by the announcement from China yesterday that they are returning to being a significant net importer.
KZL is not really a day trade. You have to treat more like a property investment until at least 2014-15.
If you have patience you will get $1-2 a share in 12-18 months. Chinese stockpiles are also falling fast because their largest producer is offline at the moment and may be for a longer period because of lead/zinc poisoning in the local water supply.
KZL Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
