I'll wait and see about TC's in case they have struck a deal to lock in a discount to the ruling price as they've suggested(see pg 16 of June quarterly activities report).
Provisional prices from last Qtr could go either way depending on final settlement date - I wasn't tracking shipments prior to October - but zinc prices did spike to $1.15 from around mid-Oct to mid-Nov so if settlement date for Aug/Sept shipments fell in that period then it should be a positive result.
We don't have positive EBITDA as yet in regard to the financial bond and believe it is calculated on the FY results with the resulting amount payable in Sept.
NCZ Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held
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