higher to go once drilling results come out. not just good zinc grades but watch for lead. Price of lead is up 85% this year.....longer term, lead and zinc both look like the metals to perform due in part to last decade's under-investment in zinc-lead value chain. Steel demand and zinc for galvanising the steel will contonue to grow in China and globally whilst lead is tied to demand for batteries. China is the biggest manufacturer of batteries and demand for the car production growth will continue to drove demand. The 15 month forward prices for these metals are zinc=USD3246 per tonne and lead USD2956 per tonne.
higher to go once drilling results come out. not just good zinc...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RNX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.24M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $3.277K | 409.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2591856 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 2866662 | 6 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| RNX (ASX) Chart |