zinc up - thanks to Glencore, page-2

That is good news.With the closing of century mine at the end of the year ,the zinc price hopefully will go back to $2000+ a tonne so the profitability increases., which will take the pressure off.

The latest drilling result from one hole was outstanding,but the market did not take any notice. It will obviously require more good results .The drilling is focussed and it is clearly the start.It is clear that the Einasleigh district is highly prospective and the management is confident that it will be proved up.The market will remained sidelined until it will wake up to the possibility of a new mine may be viable.Maybe even another couple of big intercepts may do the job.Results should start coming frequently from now on.