down 90c in a year but up 3.5c on a day when Zn up 3%. Party time. As an aside Zn is still 10%+ below NCZ’s base case scenario. Peak recoveries at 53%, would love to see an average.
If most of the shorts have been covered, which apparently is a bullish sign (please explain), who is the marginal buyer of stock?
NCZ Price at posting:
32.5¢ Sentiment: Sell Disclosure: Held