RE:RE:RE:Calculating steady devalue of TV as zinc risesmichigan33 wrote: A agree as well, great original post of Trevali's undervalue. I am shocked that TV is currently trailing the zinc price. I would understand if the price shot up from $1.00 to $1.50 in the matter of weeks or a couple months, but the price of zinc has been $1.40 plus for almost 5 months. With a half a year of production with sustainable high prices I can believe it hasn't been reflected more in the share price. I too think patience will eventually show a major revaluation of this stock and its price. 4th quarter and 1st quarter numbers will definitely help.
GLTA
In my calxulation of 2.2 cents of TV EPS and Sp increase for each cent of Zn price rise ... i didn't even include the additional net profit from lead and other payable products in TV concentrate. The prices of the commodities ... parricularly lead are rising also. I guess the one thing i didn't factor into account fir though is that ... fir a ZN price increase to b FULLY reflected in the the SP the market sentiment has to believe that the price increase will b sustained through the year ... this is where recent analyst Zn projections upward for calendar 2018 such as WOOD will b helpful. It would also help if the miner's themselves started using numbers for ZN north of 1.55 as a Zn estimate in their quarterly reports.