BML 4.55% 10.5¢ boab metals limited

We'll know soon enough! I suspect that the shorts covering have...

  1. 2,932 Posts.
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    We'll know soon enough! I suspect that the shorts covering have a lot to do with the price rise. I have been watching lead & zinc closely for a while and noticed that if the gap between lead & zinc get to within $300, then buy zinc for a rapid movement to increase the gap by $500-$600. The below screenshot shows the LME cash price is actually US$90 below spot. The 3mth contract is $2145.50, also below spot.

    https://hotcopper.com.au/data/attachments/6123/6123215-b0c25868ccdbec8d640a0eae0bb2bafb.jpg



 
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