re: what a day.uk.macrae Can you see something I cant Macca cos I cant see them having done any of this yet.Perhaps the market is starting to get positive on them(in a big way atm) but they are yet to line up any of what youve mentioned, bar bedding down what they need for finance.
I said Id be a bit more positive if it held its last support at around low 20s.Well yes it has done this and yes Im a BIT more positive after today.But I wont get a LOT more positive until I see that offtake and at least a few years hedged at a good zinc price.
The market is apparently factoring in success with all these details,foresight is still ficticious,hindsight is reality.I'll go with hindsight in a couple of months and hopefully be saying yes you were right.
d.
what a day , page-6
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