https://mobile.abc.net.au/news/2019-07-17/cbh-resources-cut-130-jobs-at-cobar-endeavour-mine/11316610?pfmredir=sm
TOHO through CBH are closing down the Cobar Lead/Zinc mine, they have layed more people off as it ramps down
Has this concentrate supply side deficit made its way down the value chain to metal spot prices?
This puts pressure on TOHO for sourcing of concentrate at end of year, if not now. Could be that we see a take over of G1A almost exactly like they did with CBH
Effective NPV of Abra now $630m+
5 Bagger Thread. Fundamentals and Opinions, page-362
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