THE SHORTS EXIST
From the year 2018 to 2021, Trevali has been taken by the shorts; they have earned well in those years. They almost bankrupted Trevali.
But today, things have changed. Production is almost stagnant, refineries closed or production decreased (mining could have a surplus, with an increase in TC; we hope that the price increase will be greater).
SP for zinc concentrate are around 0.15/0.16; the TC could be something of 0.23/0.25. ... we will see.
The fight is against shorts, in the market, not on a bullboard.