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Some food for thought.
Was perusing the March 2020 Quarter Results Presentation for NCZ. Now, am not currently holding.
While the results look ok, the forward outlook looks better...
Why am I posting this here instead of the apparently more pertaining thread?
Because something else in the report jumped out at me.
The current situation with Zinc itself.
Production is crashing, according to NCZ report, half of the top 10 global mines are shut down or offline to some degree. Smelters are reducing
prices to attract more feed.

It's been on my mind for a while, that's to say, what the catalyst may be for the 10 year? down trend cycle on the POZ to reverse.
From my understanding zinc storage levels are at lows as well?
Something has to give. Up goes zinc.
Have I got the right track on this?

From my understanding [USER=13908]@peter2[/USER] would probably be all over this already as I believe you follow the zinc price? And [USER=676]@Smurf1976[/USER], no doubt you have more stats than one can poke a stick at!?
Am I wrong in thinking that this has legs? Cheers.

F.Rock

<blockquote data-quote="frugal.rock" data-source="post: 1068661" data-attributes="member: 78470">Some food for thought.Was perusing the March 2020 Quarter Results Presentation for NCZ. Now, am not currently holding.While the results look ok, the forward outlook looks better...Why am I posting this here instead of the apparently more pertaining thread?Because something else in the report jumped out at me.The current situation with Zinc itself.Production is crashing, according to NCZ report, half of the top 10 global mines are shut down or offline to some degree. Smelters are reducingprices to attract more feed.It&#039;s been on my mind for a while, that&#039;s to say, what the catalyst may be for the 10 year? down trend cycle on the POZ to reverse.From my understanding zinc storage levels are at lows as well?Something has to give. Up goes zinc.Have I got the right track on this?From my understanding [USER=13908]@peter2[/USER] would probably be all over this already as I believe you follow the zinc price? And [USER=676]@Smurf1976[/USER], no doubt you have more stats than one can poke a stick at!?Am I wrong in thinking that this has legs? Cheers.F.Rock</blockquote>

[QUOTE="frugal.rock, post: 1068661, member: 78470"] Some food for thought. Was perusing the March 2020 Quarter Results Presentation for NCZ. Now, am not currently holding. While the results look ok, the forward outlook looks better... Why am I posting this here instead of the apparently more pertaining thread? Because something else in the report jumped out at me. The current situation with Zinc itself. Production is crashing, according to NCZ report, half of the top 10 global mines are shut down or offline to some degree. Smelters are reducing prices to attract more feed. It's been on my mind for a while, that's to say, what the catalyst may be for the 10 year? down trend cycle on the POZ to reverse. From my understanding zinc storage levels are at lows as well? Something has to give. Up goes zinc. Have I got the right track on this? From my understanding [USER=13908]@peter2[/USER] would probably be all over this already as I believe you follow the zinc price? And [USER=676]@Smurf1976[/USER], no doubt you have more stats than one can poke a stick at!? Am I wrong in thinking that this has legs? Cheers. F.Rock [/QUOTE]

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