KZL
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0.00% 12.0¢ kagara ltd

The price of zinc won't rise by 10%, only warehousing costs will...

  1. danbradster
    2,083 Posts.
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    02/01/12
    02:21
    Post #: 9500670
    The price of zinc won't rise by 10%, only warehousing costs will rise. I think warehousing is a small cost compared to the mining and processing etc.

    If warehousing previously cost $0.01/lb, now it will cost $0.011.
    KZL Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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