Daily reading:
In October of 2012, when it traded for roughly $0.84/lb, we wrote in Weekly Volume #287 "The reality that zinc is heading into a supply deficit within 12-18 months is the reason we are writing you this week. We are not going to miss out on this opportunity."
Our report continued "Although zinc enjoyed a few years of record high prices in the mid-2000s, thanks to a significant supply shortage, the supply deficit approaching is anticipated to be much more severe. For this reason, we believe hitting its old high of US$2.08 per pound is very realistic."
Given that the world is expected to enter a prolonged zinc supply deficit, we expect the advanced-staged juniors and near-term producers to garner most of the attention from investors within the sector in 2014.
Source: http://www.theaureport.com/pub/na/bullish-or-bearish-mining-sector-prospects-for-2014
Daily reading: In October of 2012, when it traded for roughly...
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $4.782M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $25.01K | 6.756M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 20700281 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 2008400 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IBG (ASX) Chart |