In just 30 days zinc supply level drop from 930,000 to 850,000 today. It means dropped 80,000 in the last month. I recon not too long from today when stock level fall below 700,000 then we'll see more price action. Zi price is still consolidating making a tight coil before another break out IMHO.
zinc price & stock level
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Change
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Mkt cap ! $3.667M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $367 | 183.3K |
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| No. | Vol. | Price($) |
|---|---|---|
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| Price($) | Vol. | No. |
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| 0.3¢ | 6070354 | 9 |
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| IBG (ASX) Chart |