The current state of play at the LME.
The tightness across base metal markets is exemplified by the plunging stockpiles of zinc, with inventories on the London Metal Exchange slumping to their lowest level in at least 25 years.The premium for spot zinc over three-month futures has spiked to its widest level since 1997, a condition known as backwardation which is traditionally an indicator of a supply squeeze.
Will the stars finally align for RTR? I hope so.
Cheers
Ann: Earaheedy Zn-Pb-Ag-Mn Project - Exploration Update, page-438
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Last
5.5¢ |
Change
-0.006(9.84%) |
Mkt cap ! $38.65M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.8¢ | 5.3¢ | $174.1K | 3.158M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8041 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 33460 | 1 |
View Market Depth
| Last trade - 15.55pm 03/05/2024 (20 minute delay) ? |
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Last
5.5¢ |
Change
-0.006 ( 8.33 %) |
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| Open | High | Low | Volume | ||
| 5.7¢ | 5.8¢ | 5.2¢ | 293858 | ||
| Last updated 15.55pm 03/05/2024 ? | |||||
| RTR (ASX) Chart |