Hi All.
No matter what you feelings are with regard to the placing the Hellyer mill on Care and Maintenance the present Spot price of Zn and Pb would have caused trouble.
Zn is 70.29 cents a pound and dropping fast.
Pb is 74.87 cents a pound and dropping fast.
Wise move to shut up shop and hope that other miners stop producing.
The build up in stocks of the two metals at the LME is, at the moment, nothing like what was predicted.
Pity America can't get its act together and get out of its mess.
Cheers.
metal price.
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