OTCPK:NNDIF - Post by User
Comment by
ZincDink1on Nov 07, 2018 8:34pm
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Post# 28941055
RE:RE:RE:ZINC TC and ZINC Price
RE:RE:RE:ZINC TC and ZINC PriceI just looked at this presentation from Trevali (TV).
https://s22.q4cdn.com/617180940/files/doc_presentations/2018/11/Trevali-Presentation-November-2018.pdf
In it, they show refining costs of 61 M$ for 203 Mpounds of zinc. This suggests the TC is closer to $ 61 then $ 80 (if I am reading it right).
Whats interesting for TV is they got caught holding production they should have sold do to some logistics, which probably meant they had to write some inventory down.
Guess will see what happens. Nyrstar keeps getting beaten up, so things not looking so hot for NIF. Feast or famine (welcome to the lean years)