But has t the Company said it could produce was it 5-10% of total global supply?
Thus can’t that extra supply (expansion means putting those volumes into the market for decades affect LME $/pound?
Cant NCZ, by Thus it’s own statement and volition actually heavily effect global price?
What would 10% global oversupply do to a trader commodity. India dumping sugar might be a good recent analogy.
And what when Zn prices crash which Zn does consistently. Look at the Zn scalps out there. Some closer than you think and recent (think Mungana).
Oh didn’t someone also say that MOST costs at NCZ were FIXED as a justification for margin growth? So if the MAJORITY of cost is fixed, with a major rehab liability overhang, what happens if Zn price drops?
No probs with Fixed costs and Rehab liability?
Ah enough of this ramble.
NCZ Price at posting:
48.5¢ Sentiment: Buy Disclosure: Not Held
