The current increase in LME stocks is no more than commodity...

The current increase in LME stocks is no more than commodity traders moving stock on/off warrant at LME warehouses in order for them to get the zinc price that gives them maximum profits on their trading book. That is why it is disappointing that RVR are dealing with traders.

On the quarterly it is very disappointing that no production forecast was given for the June quarter. Mel had almost a months known production from the mine and would have known which stopes were to be mined for May and June. That should have ensured a reasonably accurate production range for the quarter. What it tells you is that the June quarter will probably be disappointing.

Am keen on this stock and the 2019 FY should be VG. However, we may see some share price weakness over the next 4 to 6 weeks. Imagine a trading company having insight into your production numbers on a continuous basis.