RE:RE:RE:RE:Zinc treatment charges Operational costs and Zinc price. I am confident TV's operational cost can come down and will.
I am also reasonably confident on zinc price being good through 2019. It doesn't matter so much if the world is flooded with Zinc concentrate as long as the refined supply stays tight because of smelter constraints.
Hoping China does not reverse course on it's shuttering of heavy polluting refineries...
And as for zinc refinerers in the rest of the world...they don't pop up over night. It takes major investment to build a new smelter. (some variables in the zinc situation can only be guessed, world smelter capacity is a variable that can be tracked with a reasonable degree of accuracy)
The rise in TC's was expected, I hedged by spliting my efforts beween zinc miners and smelter investment, smelter side has worked out well....I have hope TV will too.
Zinc has to stay high and those polluting Chinese smelters need to stay shut down and TV should creep back up to after 2 good quarters.