RE:Zinc on the run - Trevavli will participateYou're half done ... now look at the eventual supply response to six+ months of higher zinc prices.
.
AndreasBehr wrote:
Thoguhts: Car producers have a back log due to to semiconductor crisis- steady flow of vehicles in the next 12 months due to back log- zinc well needed.
US and EU have just beginn to source their projects for the infrastructure- zinc needed.
Green deal due to Kyoto prot.: Solar racks and offshore turbines - zinc needed and really huge amounts
Plus:
Logistic problems all around the worl with higher rates for ships and containers: both need a lot of zinc- not anticipated my all analysts right now.
Public transport/Green Deal: New buses needed to match EU regualtion in most EU major cities
EV batteries: Zinc perhaps in the future needed for batteries- not a key technology...right now.
Even with the selling of the China critical reserves (which are not ver high, 300.000ton estimated), zinc is holding over 1,3.
So, zinc should move towards higher levels. With new management on board, I am expecting TV.CA to raise well above 1,00 to 1,50 in the next 12 months (would be 2,00$ without the last dillution).
No recommendation- just my expectation, so I am owning some shares...