Nigeria. Other than that SL1 looks very undervalued. I am...

Nigeria. Other than that SL1 looks very undervalued.

I am feeling rather bullish on zinc at the the moment. I attended a small talk last week put on by Petra Capital where they invited in someone who monitors the Chinese shadow warehouses stocks. We all know the LME stocks of zinc are at very low levels, but these days it is what the Chinese are holding outside the LME system that matters. The speaker said that the Chinese zinc stocks are also right down - we should be in for a very decent bounce in the price soon if this is the case.