Fear of the impact of the coronavirus is the key driver for the current demise of zinc price. Fear supersedes anything that's even remotely rational. Supply/demand equation fades in comparison. It's unfortunate for a producer like NCZ (and us holders) as it is entirely out of their control.
Rougher circuit on line 4 weeks earlier than scheduled. Full capacity on line with increased throughput will drive costs down.
NCZ Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
