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2.56% 19.0¢ new century resources limited

Lowest warehouse level recorded on LME was 58,100 on 16 Oct...

  1. Ziggyzinc
    8 Posts.
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    02/03/19
    06:52
    Post #: 37628377
    Lowest warehouse level recorded on LME was 58,100 on 16 Oct 2007.
    Currently 65,100.
    Price back then was around 3100
    Price now 2794
    The warehouse level will probably break the record during next week.
    My question is if there's "Hidden" stockpiles of zinc..... Do the sellers hold back waiting for price rise?
    NCZ Price at posting: 82.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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