NCZ new century resources limited
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Ann: POTENTIAL ACQUISITION OF GORO PRESENTATION, page-14

  1. Proga
    5,371 Posts.
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    28/07/20
    12:04
    Post #: 46121510
    They are taking on the debt more than 4x their current marketcap. Sound too risky and unsustainable.

    Hey? What? It isn't as though they are not getting anything for it. Just a Tier 1 nickel mine with $3-4B of infrastructure at the start of an EV revolution screaming out for Nickle and Cobalt.

    People need to stop navel gazing.
    Last edited by Proga: 28/07/20
    NCZ Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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