“Curiouser and curiouser!” Cried AliceDown the rabbit hole we go!
Zinc inventories declining. Zinc price at 10 year highs!
Where is all the extra zinc production at these prices? You would think zinc producers would be trying to produce as much as possible. Why not reopen mines that were unprofitable at $1.20/lb long term zinc to take advantage? Or are these mines simply depleted?
TC charges will settle at $230 per ton this year, that will cost TV an extra 10 cents a ton. What will be their new AISC? With zinc at $1.90/lb this company is generated so much free cash flow.
1 month to go before Q1 results and many mysteries uncovered!
GLTA