chart - target price $1.48, page-36

Thanks for that Dan,

That's probably a fair view of the state of demand going forward, LME stocks are still a little more than half what they were when i fist got into zinc many years ago, so historically they are not excessively high, current stocks are still only days of world consumption.

Any supply disruptions at larger mines like red dog/century and we will be in deficit.

Admiral Bay is looking to be well timed for the end of mines like century.