Well, well, well....could this be the Zn gap I have spoken of for so long? This would be absolutely perfect timing for a particular company now wouldn't it :)
It would also add around USD$260,000,000 IGV to the value of Koongie Park alone based on the current data provided, without the Atlantis extension. Add in a projected copper price of USD$5-$6lb and you add another USD$250,000,000 IGV.
I won't even touch on the potential of VRD...too mind boggling and early to add in this bank vault.
Now bring on the PFS results and get this company rocking Messr's Komyshan, Pilmer, Clarke and Jones. Just make sure it is ready to take up the gap and finally make a company of AAR :)...Now that would be "Creating shareholder value"
Zinc Price May Jump More Than 50% in Five Years, Macquarie Says... May 5 (Bloomberg) -- Refined zinc prices may climb by more than 50 percent in the next five years as growth in mine supply slows and leads to a global shortage of the metal used to galvanize steel, Macquarie Group Ltd. said.
and this story is stretching wider....
Zinc Prices will Shoot Up
-- Purchasing, 6/12/2008
World zinc prices may rebound by 50% in the next five years to $1.50/lb in 2013 as slowing growth in mine supply leads to a global shortage of refined metal used to galvanize steel. That's the view of Jim Lennon, a London-based analyst for Macquarie Group. For comparison's sake, high-grade zinc this year to date is averaging $1.07 on the London Metal Exchange (LME) because of weakened demand after averaging $1.47 in 2007 and $1.44 in 2006.
Welcome to the Zinc Gap.....:)
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Well, well, well....could this be the Zn gap I have spoken of...
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