The lme stockpile continues to decline. I am beginning to wonder when this is going to be reflected into zinc price and then into stock.
Appaerntly the stockpile pile is as low as it has been since the turn of the century. The world is a very different place since then.
The problems with infrastructure in western qld won’t be cured for a while so I do not know when a crunch is going come. Turning on this kind of resource production does not happen quickly even if you have a big chech book.
RVR Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held