Well here is a chart with a longer term view, which I think is more telling. At 70c KZL is 30% lower than it's starting point in Jan 2005, after which it jumped 500% from $1 to $6 based on a wide held view that the Zinc market was moving into deficit.
The same could happen again. KZL is a much bigger zinc producer now than then and in many ways stronger than before after surviving the GFC. So I guess it's what you perceive. Is the glass half full or half empty.
KZL Price at posting:
69.5¢ Sentiment: Buy Disclosure: Held
