NCZ 2.56% 19.0¢ new century resources limited

Fastmarkets MB, page-27

  1. 942 Posts.
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    I have had a looked through the FS and can see that forecast C3 is US$.50 at full production.
    they mentioned that that are already at about the 8mt rate of stage 1. Zinc in concentrate should be approx 140mt/year at current rate. If close to that C3 now then 65 -70 cent/lb margin (zinc at $1.15-1.20lb) is operating profit of A$280 -$300m.

    any problems with the above? any ideas out there of current operating cost.

    Looking like a bargain at these prices.

    Yeatesy.
    Last edited by Yeatesy: 09/10/18
 
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