NCZ
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0.00% $1.10 new century resources limited

Ann: NCZ EXPANDS WORKING CAPITAL FACILITIES WITH VARDE PARTNERS, page-4

  1. colinchi
    8,033 Posts.
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    23/12/19
    10:13
    Post #: 42098479
    So you expect $100 million unsecured loan
    with a company that hasnt realised a profit yet....good luck with that.
    $6 million AUD in options is nothing.
    but a little extra to the balance sheet.
    This loan makes NCZ a safe investment
    While improving production.
    I will be worried if cashburn doesn't slow after the March quarter....until then the sky is blue.

    Cheers
    Last edited by colinchi: 23/12/19
    NCZ Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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