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clock Created with Sketch. 05/01/17
12:58
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Originally posted by eastwest101
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Yes - I think the article highlights the main problem for Australian investors now, even now with the undeniable evidence of price recovery and demand > supply there is almost no bandwagon or way for them invest in Zinc as nearly everything except for RVR's Thalanga project is years or even decades away from production and often stranded under deep cover/deep rocks/inconveniently located away from roads rail and power and often don't have permits or granted mining leases or have marginally low grades plus the fact that we have lost all our major to mid sized Zinc miners to overseas interests, fallen into private ownership or have fallen down with the extended period of low prices.
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You forgot EMX - Energia Minerals. High grade zinc mine in Gorno Italy, listed on ASX. Previously good operating zinc mine but shut down by Italian govt to capitalise on oil boom in 80s. Low capex of approx $60M due to existing infrastructure. Resource upgrade due next month. DFS the following month. Production expected within one year of DFS.
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