Hi Tyler, I personally think we're looking 6 - 9 onths before we start to see any real effect on zinc prices from the mine closures, although we may see some movement in the price come October/November as China ramps up again post Olympics; bad numbers out of China currently are certainly having a negative effect (in my opinion irrationally, due to this level of slowdown being temporary).
So, short term it's all going to be news driven...which brings us back to an updated JORC, along with news of the first shipments/sales. I'm not sure how the hedge contracts have been written, but personally I think it would be good to run the hedge off early, if we do believe that zinc will snap back sooner than generally expected...
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