D,
I couldn't find the thread but am sure someone on the CBH forum posted an article a few months back which I thought articulated very well a prediction that when LME Stock gets below 150K tonnes, it will enter a zone where zinc spot prices will begin to get rediculously high.
I've posted a similar message to this on the CBH forum to see whether the article can be tracked down.
Well, in any case we're almost there, with LME Stock at 150225!
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Last
55.0¢ |
Change
-0.010(1.79%) |
Mkt cap ! $114.8M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 56.3¢ | 53.0¢ | $567.1K | 1.043M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49500 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 14999 | 1 |
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| Last trade - 16.10pm 02/07/2025 (20 minute delay) ? |
| AIM (ASX) Chart |