Zinc prices peaked at $3,600/t in Jan and bottomed around $2,250 before bouncing to $2,500. Cost of production is $1,120/t. I think it's pretty self explanatory what has happened here over the course of the year. Throw in some execution and sovereign risk for good measure.
SL1 Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
