Ann: NCZ EXPANDS WORKING CAPITAL FACILITIES WITH VARDE PARTNERS, page-11

Stock being held in private warehouses
For what reason.
Is it because they think the zinc price going under $1?????
I think the hidden stock is made up hype.
Whatever stock there is privately ........pretty much was already there.

I could be said that market is forward looking and that is why there reduced inventory and if there is a glut next year.
The market could be looking ahead for the next shortage....I just want NCZ to be profitable at around one dollar...Then the future will take care of itself.

Cheers