RDM 3.03% 16.0¢ red metal limited

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  1. 3,582 Posts.
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    Any increase in the Pb and the Ag price is hugely relevant to making Maronan more economic.

    However...Ag has been pretty flat at US$16 for years now...

    Pb forms the bulk of the Maronan orebody and price has increased over the last couple of years. Also warehouse inventories are historically low. Currently price (about US$1.00/pd) is under pressure because of threat of US trade wars...but this is the metal to watch for the rest of this year.
 
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