you’re quite right that zinc has drifted lower since mid Octobere, most likely shorted from the spike to $1.70, which was always going to happen, but if you go back to the start of October, you could say that the price of zinc is 10% higher now. Not everything is doom and gloom. At current zinc prices the Citronen project would be extremely profitable. I’d be concerned if the price heads back below $1.20.
Hopefully we’ll get some positive EXIM news soon.
34 Days until 23.12.21. - Big Moment - Big decission - EXIM, page-197
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