Q: Could you please comment on the recent deal between Glencore and Trevali that sees Glencore selling the majority of its stake in 2 of its zinc mines to TV and in exchange receiving exclusive rights to sell all of TV's zinc and increasing its stake in TV from 4% to 25%.
-Do you view this as a positive for TV shareholders?
-If so, why did TV shares drop on the news?
-Would you still consider TV a compelling commodity play?
-Why would Glencore sell 2 of its own zinc mines if it had a strong conviction to the potential of zinc?
I have learned a great deal from you in the 3 months I have been a member - THANK YOU!
Scott
-Do you view this as a positive for TV shareholders?
-If so, why did TV shares drop on the news?
-Would you still consider TV a compelling commodity play?
-Why would Glencore sell 2 of its own zinc mines if it had a strong conviction to the potential of zinc?
I have learned a great deal from you in the 3 months I have been a member - THANK YOU!
Scott