A good finish to the day with 250k traded in the closing matching period at 39c maybe a re-action to the zinc price at the moment of $1.17/lb or maybe some broker recommendations from Credit Suisse or Bell Potter after the quarterly and AGM last week.
Decided to try and track their shipments to see if we can accurately predict prices and some other info. Starting after one month into the quarter won't tell us a great deal but a ship did leave on the weekend - only making a wild guess on the amount of concentrate on board - realistically it could be anywhere from 10mt to 25mt.
NCZ Price at posting:
39.0¢ Sentiment: Hold Disclosure: Held