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clock Created with Sketch. 22/03/19
13:07
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Originally posted by Berger978456:
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First of all - I'd like to mention that I am long Zinc stocks, I own NCZ and HRR. However from what I understand researching Zinc stocks on the ASX over the past 2-3 years and talking to people within the zinc industry, it is highly unlikely that the Citronen project will ever be developed. The reasons relate to its remote location but also the fact that the deposit is perhaps too good that incumbents like Glencore believe it would actually crush zinc prices which would impact their other zinc operations.
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Interesting take on how those in the industry perceive the deposit as "too good", going on an interview with JD he has a different take on the size of citronen and where it sits on a global scale it is about 3.15 in.https://www.bing.com/videos/search?q=youtube+jonathan+downes+ironbark+&&view=detail&mid=64B44C522E28A283406164B44C522E28A2834061&&FORM=VRDGAR
