Zinc set to reach $US1.20 per lb before end of year

I know this is getting a bit repetitive but the zinc price keeps going up, now just below $US1.05 per lb. Zinc may not be sexy like gold, graphite or vanadium but it is 4th most traded metal and looks to be heading for a severe shortage similar to conditions ten years ago - it doesn't happen often for zinc, but when it does...

IBG presentation, bottom left of homepage http://ironbark.gl is fascinating, compelling and explains market conditions when share price reached $1.26 i.e. zinc @ $US2 per lb.

Google zinc supply demand and already a deficit in supply, zinc up 10% in less than a month, now $US1.045 and possibly $US1.20 in a couple of months. IBG was above $0.30 last time zinc was $US1.20 - it's now 7.2 cents.

Zinc projected to reach $US1.50 in 2015 and still be climbing in 2016. Not enough projects to replace mine depletions. IBG has the largest resource of any zinc junior in the world, feasibility study based on zinc $US0.85 per lb. Nyrstar, Glencore and China Nonferrous as partners. Top 20 hold over 65%. Market cap paltry $29M, up 50% since late June

This is the most predictable slow train, gathering momentum with tidy reliable data. No market shenanigans, technology shifts, just a shortage of a critical metal used for trains, planes, automobiles... and whitegoods. Think galvanising.  

Graphite and vanadium stocks have run hard - some may continue, others could fall. Zincs could well do multiples from a low base IMO.