I think it's important to remember back in 2015 when Glencore...

I think it's important to remember back in 2015 when Glencore dumped thousands of tonnes of refined zinc in the market when it was in financial trouble...that changed the Zinc game back then and the long awaited draw down timeline. There is no such dumping this time and from what I can see draw down is continuing.

http://oilprice.com/Finance/investi...Dashed-As-Glencore-Dumps-Its-Inventories.html

IBG is so undervalued which is plain to see. For what ever reason there is a complete lack of trust from punters in this project so I would suggest when this sentiment changes it will rerate very quickly...meanwhile the below is all IBG needs to keep happening. It's a 100% Zinc Play.

	COMMODITY	11/04/2017	12/04/2017	TODAY DATA (13/04/2017) (Previous Day Data)
1	ALUMINIUM	- 14275	- 13575	- 15100
2	COPPER	- 6900	- 850	- 1625
3	LEAD	- 900	- 1025	- 1025
4	NICKEL	- 3660	- 1194	- 240
5	TIN		NA	NA
6	ZINC	- 700	- 1850	- 2200

http://mcx.freetips.tips/lme-inventory-commodity-report/

	date	LME Zinc Cash-Settlement	LME Zinc 3-month	LME Zinc stock
1	12. April 2017	2.565,00	2.583,00	364.050
2	11. April 2017	2.580,00	2.597,00	365.900
3	10. April 2017	2.658,50	2.676,00	366.600
4	07. April 2017	2.665,00	2.685,50	367.400
5	06. April 2017	2.777,00	2.802,50	368.450
6	05. April 2017	2.770,00	2.793,00	369.525
7	04. April 2017	2.704,00	2.729,00	370.475
8	03. April 2017	2.746,00	2.767,50	370.950

http://www.westmetall.com/en/markdaten.php?action=show_table&field=LME_Zn_cash

Zinc Futures

2,625.25 +23.75 +0.91%

https://www.investing.com/commodities/zinc?cid=956470

Cheers All.