your contention is very positive long term for the project; you're saying this project is so big that part way through the ramp up it alone is forcing both zn price down and TC's up, and if only century trimmmed output then TC's would fall
if Century is indeed the swing producer in the global market as your post implies, once the volume is added from phase two and C1 drop, wouldn't that then imply that other mines that don't have that price advantage will close? if it were as simple as stopping 10, 20 or 30kt entering the market short term to force TC's down, wouldn't everyone "just" do that, maybe every management team of every zinc producer is also blissfully unaware of this rule
from a recent Trevali preso, wouldn't the high cost supply close, see red circle. projects on the left side of the cost curve aren't the ones to worry about, hence why it's good to be there
NCZ Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held