Lets not forget this Hegarty winner:
https://www.reuters.com/article/us-oxiana-zinifex/oxiana-launches-5-6-billion-agreed-bid-for-zinifex-idUSSYD18047720080303
disallowed/business/oz-minerals-class-action-signs-up-more-than-5000-shareholders-20110116-19sha.html
As Hegarty found out timing is everything and debt can kill a company.
Debt + ramp up + softening commodity prices - not a good recipe.
Bit more info on the royalty deferral - capped at $72M, interest payable (expect low rate) and security in place.
https://www.miningnews.net/politics/news/1369950/royalty-respite-for-budding-big-zinc-producer-new-century
- Forums
- ASX - By Stock
- NCZ
- Ann: NCZ Secures Landmark Royalty Deferral Agreement with QLD Gvt
Ann: NCZ Secures Landmark Royalty Deferral Agreement with QLD Gvt, page-23
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NCZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
Previous Video
Next Video
SPONSORED BY The Market Online