IBG 8.33% 1.1¢ ironbark zinc ltd

Zinc unwinding....., page-24

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    Live Warrants(L/W) have been steady at around 100k or so for some time the only draw down has been from Cancelled Warrants(C/W) so no real pressure yet on LME stock, when L/W start to move into the C/W then we might see movement up in the zinc price which may signal real supply tightness, however billysnap2 I feel the market is waiting for that large inventory to be dumped back in to the LME.
    Interesting days ahead and still no word on funding.....

    cheers................
 
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