BMB balamara resources limited
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lead and zinc prices set to surge by 2015-16

  1. DreamCatcher
    6,462 Posts.
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    19/10/12
    08:50
    Post #: 10881704
    From a Macquarie Research Note;


    "WoodMac is forecasting the LME zinc price to rise from an average of $1,950/t (88.5c/lb) to $3,075/t ($1.40/lb) in 2015 and $3,800/t ($1.72/lb) in 2016 due to a large shortfall of mine output. Lead prices were projected to
    rise from an average of $2,479/t ($112.5/lb) this year to $3,510/t ($1.59/lb) by 2015."
    BMB Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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