@Vector so mate, what are your thoughts on the CR? IGO in as a major partner to exploit the exploration potential around Century and enough funds to ride any downside in the zinc price for quite some time.
TCs coming in under $200 drags costs per pound well into the 70s. If zinc doesn’t completely crap the bed, there’s a very good chance NCZ will be CF+ this qtr. That would need zinc to remain stable around 1850 but frankly, I see it back over US$2000 very soon.
Hopefully we hear from @thesceptic on what he plans on doing with his short position when trade commences. There is a lot of short interest in the 25-30c range (eyeballing it I think 15m of the remaining 57m shorts) and honestly, I expect them to scramble and cover as this will be back over 40c next week.
I think the team have done a great job getting this deal done. I’ll be adding on the open.
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