PEM perilya limited
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About 20-30% of the world's zinc producers are at or below their...

  1. Yaqona
    3,666 Posts.
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    14/08/08
    11:07
    Post #: 4109060
    About 20-30% of the world's zinc producers are at or below their cash costs at current prices.

    Expect declining production, and hence shrinking stockpiles, and a bounce in prices.

    When that happens, PEM will bounce too.

    Current zinc prices are below the point of equilibrium, IMO. A long term price of US$0.90-$1.00/lb will see PEM doing quite nicely.

    Not the mega-profits that supported a price of over $5.00 for PEM...but $0.46 cents?

    The upside/downside analysis of PEM is clear, for the fundamental investor.

    PEM Price at posting: 0.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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