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$1.10 new century resources limited

Finally some good analysis. Couldn’t agree more. If I knew the...

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27/06/19

15:15

Post #: 39270328
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Originally posted by Vector ↑

Finally some honesty about the C1 costs factoring in the TCs. Around 0.75c/lb for FY2020 according to their bar chart and between 0.95c/lb -1.05c/lb during Q1 of FY’20.

Remember this is just C1 and doesn’t include sustaining CAPEX and royalties etc which means the C3 costs make the operation break even at best in FY20. One also has to hope that Zn prices don’t drop further during the next few months.

Still a wait and see for me.

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Finally some good analysis. Couldn’t agree more. If I knew the C1 cost projection were nearly 3x higher than they were sprouting in February not sure I would be still a holder.

Last edited by toprated: 27/06/19

NCZ Price at posting: 50.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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