re: patient long term stock Regarding the comment about a 20% increase in zn supply, I was referring to this article...
http://www.forbes.com/markets/feeds/afx/2006/11/06/afx3148511.html
" Briggs expects extra zinc production will push zinc prices lower next year.
'We still believe that world zinc mine production could surge by 20 pct between 2006 and 2008 through a combination of new operations, restarts, expansions and better performance at certain mines,' he said. "
Good point by damonwo - the joint venture is only for four years, by which time the main project should be up and running.
Just to make my position clear - INL is my biggest holding, so I wasn't trying to pour cold water on the stock. I'm expecting multiples of the current share price before too long.
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Last
47.0¢ |
Change
0.010(2.17%) |
Mkt cap ! $89.20M |
Open | High | Low | Value | Volume |
45.0¢ | 47.0¢ | 45.0¢ | $29.71K | 63.58K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9871 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 11060 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9871 | 0.470 |
1 | 7111 | 0.460 |
1 | 1422 | 0.455 |
3 | 148886 | 0.450 |
1 | 13470 | 0.440 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 11060 | 2 |
0.485 | 1634 | 1 |
0.495 | 43156 | 2 |
0.500 | 20000 | 1 |
0.505 | 47699 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
SDV (ASX) Chart |
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