ARD argent minerals limited

Ann: Argent to Increase Zinc Inventory as LME Price Hits 10Y High, page-2

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    Zincboom(?)

    Existing Kempfield inventory includes 200,000 tonnes of contained zinc ahead of JORC 2012 mineral
    resource update.

    Significant resource update plannedbased on extensions of up to twice
    the current deposit dimensions identified by recent diamond drilling.


    ■ 10 year high reached by LME zinc spot price at US$3,143/tonne as LME zinc stocks decline to critically low levels, reflecting a material shift in supply/demand.

    ■ USGS 2017 statistics detail the fundamental imbalances in zinc supply/demand.

    Breakthroughs in revolutionary zincair battery technology announced on 15 August 2017 by University of Sydney may place further pressure on zinc demand side – as a potential competitor to lithium-ion batteries.
 
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Last
2.3¢
Change
-0.001(4.17%)
Mkt cap ! $33.26M
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2.3¢ 2.3¢ 2.2¢ $54.17K 2.355M

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