Why is a zinc price of 1.10 by XMas needed? Obviously it would help the SP, but the Zn price might chop around for months yet who knows.
If I had access to 50 mil looking for another deposit spend, Id take my time and make sure I got the right deal. If Im not mistaken IBG have based their projections on a conservative Zn price of 80 cents, which I like. They arent releasing petty announcements with tidbits of pointless info, also a good sign.
Price of IBG i thought would be lower with Zns recent dip. NO need to panic.
ZN $1.10 Before Year's End?, page-3
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