Input cost's have risen substantially since 1987, raising the average cost of production, the price of zinc has to rise with it. there is barley a producer around who would be cash pos at 1999 zinc price. let alone in the 1980s.
Its just bollocks. The cost of a car is also at an all time high, yet They could hardly manufacture the engine for what a whole car cost in the 70s, why? because of there input cost's.
Its all about the average cost of getting it out of the ground and nothing to do with the average price of the last 20 years.
legume, what was the average cost of power, fuel, loaders, trucks, labor etc in 1987 compared to today, a lot more than 49.3% dearer ill give you the tip. you cant compare the price of a commodity from years ago to today like that, it's just crap.
KZL Price at posting:
18.0¢ Sentiment: LT Buy Disclosure: Held
