you wouldn’t have the slightest clue where NCZ is sending their concentrates. TCs have gone up (and apparently are going down again) because smelter utilization rates have dropped. The higher the price participation goes and TCs go the more profitable smelters become and thus the higher the utilization rate becomes.
Everything that happens in the zinc market you seem to have a negative bent onto NCZ about it.
If you were such a hero and not a keyboard warrior you would actually put your money where your mouth is and short...
NCZ Price at posting:
71.5¢ Sentiment: Buy Disclosure: Held
