In reference to the ABC news link below, Glencore are restricting supply on zinc to keep the price high.
I'd like to think the high prices are sustainable but we shouldn't be delaying the exploitation of T1 high grade zinc. Why is there a delay with the Pre-Feasibility study? What about an update?
A low capital/ high operating margin projects like this one is rare but the the flip side is the high leverage to the zinc price.
http://www.abc.net.au/news/rural/20...ear-high-after-more-than-500-jobs-cut/9085990
Zinc at decade high, page-22
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