IBG 0.00% 0.4¢ ironbark zinc ltd

2018 Outlook, page-12

  1. 3,570 Posts.
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    I think Glencores participation isn't so much about wasting time or not...I think its more to do with having a controlling stake and thus having greater control of the zinc market and protecting their Zinc mine portfolio globally.

    Perhaps they have elected to re open some of their existing mines because they either know that Citronen is a long way away from production, OR it is because they want to extract as much value from existing mines over the next few years before Citronen comes on line.

    Two alternate views....I have no idea which, if any are close to the mark.
    Last edited by Roostar: 30/01/18
 
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