They should RAMP UP production, IMO, Early and change the name...

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17/04/15

12:42

Post #: 15105940
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Originally posted by Early1 ↑

IBG off and running... And, wow, they don't even have a ML... Meanwhile CSD books some more money from its zinc operation!

According to one of the IBG guys (thanks to them), the decline on LME zinc stocks has gathered pace again, this past 3 days down 3000 tones a day.

Taking a look at MMG April 16 report on Century, basically production of Centurty ore finalizes around 3rd quarter 2015, they then have a parcel of Dugald River ore to treat but in the final analysis what we re looking at is a loss of about 85000 tonnes of zinc per quarter.

Add that loss to the current LME declining stocks levels and its a no brainer where the zinc price is headed. I know there is a not a linear correlation between POZ and the stock levels, but at the end of the day the outcome is obvious and push will change to shove.

If true, this is good news for us being an actual Australian zinc producer!!!

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They should RAMP UP production, IMO, Early and change the name to .... anything but Tin??

lol, reminds me of the Johnny Cash song "My name is Sue"!!! Call me ANYTHING but Sue!

CSD Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
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They should RAMP UP production, IMO, Early and change the name...

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