PEX 0.00% 11.5¢ peel mining limited

In reference to the ABC news link below, Glencore are...

  1. 563 Posts.
    lightbulb Created with Sketch. 32
    In reference to the ABC news link below, Glencore are restricting supply on zinc to keep the price high.

    I'd like to think the high prices are sustainable but we shouldn't be delaying the exploitation of T1 high grade zinc. Why is there a delay with the Pre-Feasibility study? What about an update?

    A low capital/ high operating margin projects like this one is rare but the the flip side is the high leverage to the zinc price.

    http://www.abc.net.au/news/rural/20...ear-high-after-more-than-500-jobs-cut/9085990
 
watchlist Created with Sketch. Add PEX (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.000(0.00%)
Mkt cap ! $63.91M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 89603 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 118500 3
View Market Depth
Last trade - 10.06am 04/12/2024 (20 minute delay) ?
PEX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.