re: good bye bears good bye inflation I guess it boils down t watching the daily inventory drawndowns looking for weaknesses their to determine if the high price for zinc going forward is affecting demand through project delays, postponement or even cancellation. E.g. A case in point quoted from http://www.platts.com/Metals/News/8457286.xml?sub=Metals&p=Metals/News&
"We are getting to the point where it [the high zinc price and surcharges] will have an effect over the medium term," he said, adding: "Projects will be deferred. Example: the fencing of the railway lines--they are using galvanized fences to keep people off the lines. If National Rail has a budget of GBP30 million ($56 million) and costs have doubled, they'll do
half this year and half next year."
ZFX
zinifex limited
