Napier will be equivalent to the 10% off-take for the Chinese buyers.
the market wont catch on until zinc inventories disappear or there's a supply contract in place.
the Chinese aren't slowing down the urbanization, managing a population of 1.5bn urban taxpayers is a black hole for them and resources will always be required, if for nothing else agriculture and galvanised steel use will be the bottom line in a collapsed financial system, there's no way 1.5 bn people won't consume a measly Admiral bay.
If not MCT and their customers, someone else will dig it out and use it.
MCT Price at posting:
3.2¢ Sentiment: Hold Disclosure: Held
