Maybe Glencore own these private storage boxes and hold Zinc in there to fool the market ? I hold IBG but always worry about why we get these sudden dumps into the LME and also the big market swings
This is why Glencore control so much of the market that I think once IBG get the permit they will buy us out and either build the mine or put it on hold and allow the price of zinc to continue to tighten higher
Again just my theories
Ann: IBG Advances Permitting, page-83
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $4.782M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $25.01K | 6.756M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 20700281 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 2008400 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IBG (ASX) Chart |