MLS 5.00% 1.9¢ metals australia ltd

copper - zinc

  1. Wil
    1,136 Posts.
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    Qantum

    Thanks
    I thought that the zinc was only a marginal proposition.
    The copper may add to it.
    No doubt there are current figures on zinc extraction costs, market demand, and prices on the LME?

    For all others, the 50cent price is attractive; But we are not there yet.
    Good announcements about quantum, grade and acceesability may get us there.
    Drilling results with depth and grades, over a reasonable area, may well be needed first.
    Such results may take a month or two or three, at the very least.
 
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