According to Stefan Ioannou of Haywood Securities, Trevali Mining (TSX:TV) is “more than a one-trick pony”.
According to Stefan Ioannou of Haywood Securities, Trevali Mining (TSX:TV) is “more than a one-trick pony”.
As quoted in the press release:
With zinc production from two mines anticipated to ramp-up to +210 million pounds per annum by about 2016, we believe Trevali is poised to become a marquee mid-tier zinc producer in a market facing a significant medium-term supply issue,” Stefan Ioannou of Haywood Securities writes in a note. “This zinc market outlook is underpinned by a number of key mine shutdowns (accounting for about 11% of global supply) expected within the next three years and a lack of new significant advanced-stage projects positioned to replace them.
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