KZL
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0.00% 12.0¢ kagara ltd

same pigs different trough, page-34

  1. BerlinBusiness
    1,686 Posts.
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    09/03/12
    00:51
    Post #: 9814492
    Legume,

    Here are some simple numbers for you that even you cannot despute...

    Both of these mines close in early 2013. Feel to check if you like.

    Perseverance Operation -115,000t

    Brunswick Mine -250,000t

    Kagara less zinc production = -20,000t

    That is -385,000t of supply that is disappearing in less than 12 months...

    That alone would take off -45% of stockpiled metal in 2013.

    The zinc price will spike soon. It's just a matter of months.



    KZL Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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