re: aim huge potential for zinc.3384 per ton now Current zinc 3 month buyer at $3,384/t.
I'm not so sure its going to matter too much to Aim just where zinc goes once they sort the offtake/finance.It would be nice to see a proportion of the offtake being open to market prices but I cant see it happening with the funding necessary,at least in the first couple of years.
That said,if zinc still continues to motor on for a few years,which might just be possible if India comes to the party as well as China,then it might just stay up for a lot longer than some think.
Dont forget we are talking around 10% economic growth in two of the most populous nations in the world.Japans spurt on that started in the 50s kept up for what,nearly 40 years.
One wonders just how long this Chinese phenomenon will last.
d.
aim huge potential for zinc, page-5
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