NCZ 0.00% $1.10 new century resources limited

Ann: CENTURY OPERATIONS AGAIN DELIVER RECORD METAL PRODUCTION, page-142

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  1. 5,336 Posts.
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    benefit of not having century online? it was punching out 500kt of zinc a year back then

    the beauty of commodity markets, is that the premiums will probably only materialise when it's too late, the zinc consumers would be thinking life is grand and nothing can upset my applecart... right up until it isn't

    agree there has potentially been some moves out of LME, would love to see some attempt at quantification of it if it's material, keep eyes peeled for the first analyst to have a crack!

    can't find anything online about Gamsberg progress, that's supposed to be very large and turned on a long time ago now; can you find anything?
    Glencore have cut 2019 zinc guidance by 85kt which is interesting, that's as much as a good sized mine; and doing it with 1 quarter to go says they probably have confidence it's an accurate cut in output


 
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