Zinc has recovered in the last year from around US$0.45 to US$1.15, a couple of years ago it hit US$2/pound. Does anybody out there think that zinc could one day hit US$2 again? What are the chances?
Well, if you think that something like that might happen in the next few years and Admiral Bay is going to be a reality, then I know where I want to park some coin. We could be talking about a project with an NPV approaching 10 with a further 9 zeros on the end. I believe this could be a possible reality.
KZL Price at posting:
$1.19 Sentiment: Buy Disclosure: Held