Thanks guys and have a great Christmas!!

I also noted yestreday that Shanghai stocks fell -6,800 this past week too. This is quite positive to start the year with, as the biggest threat to the whole zinc outlook is over production in China. Stocks have fallen -13% from the highs earlier this year.

...and even with the large rebuild of stock and inventory shuffling that occurred at the LME in the past week, stocks have also fallen -11% over the year (if you include 20,000t still on backorder to ship or -8.88% if you dont).

January-March will be an interesting time for KZL with resource upgrades, quarterly activity reports (Jan 11), financial results (Feb 15) and updates with regards to Lounge Lizard and Admiral Bay. At worst, they will go some way to offsetting negative news from Europe. At best, the window closes in on zinc (11mths to deficit) and all we seeis upside from Q1.

.....this is my last update for 2011.....

Berlin Business - Peace out &....!

Merry

Christmas