IBG 0.00% 0.4¢ ironbark zinc ltd

Good perspective DSM. Here's a recent summary from well...

  1. 3,746 Posts.
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    Good perspective DSM. Here's a recent summary from well respected metals analysts, Sucden Financial see http://www.sucdenfinancial.com/medi...cial_quarterly_metals_report_january_2015.pdf

    Since the double top over the summer months, zinc prices have gradually retreated. Given the run up in prices to $2,416 per tonne in July last year and the fact that supply is not expected to tighten until the second half of 2015, it is fair to say prices ran ahead of the fundamentals. With the global economic outlook deteriorating in the second half of 2014, the correction in zinc has continued but before too long the market will no doubt focus on the supply deficit again - the rate of declines in LME stocks might well determine when the market turns bullish again. We would expect it to start later in the first quarter.

    Good to see they also recognise "the rates of decline in LME stocks might well" and as I stated at the very beginning of this thread: "gotta hope this trend continues" {not, it will continue and we're all going to be rich - some of you are a bit rich when it comes to reading a post, then complaining it is too optimistic}
 
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