ZFX zinifex limited

jhamann,If Macquarie's Zinc forecast is US$2589/t avg for this...

  1. mvanle
    198 Posts.
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    14/02/06
    16:57
    Post #: 1374886
    jhamann,

    If Macquarie's Zinc forecast is US$2589/t avg for this year then why are the 15m (1 year) contracts 2043.

    Heh.

    The 27m (2 year) contracts are even worse at 1883.

    By the looks of the chart Zinc prices set to fall. And every correction takes about 8-10 months. ZFX will be in the bin if that happens. $6.
    ZFX Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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