News: NCZ New Century Resources Says FY Net Loss Attributable A$28.3 Mln, page-10

Currently a very good zinc price but they are saddled with onerous hedging robbing them of a good trading result - to be honest I can now only see more of the same as mining costs still rising (as with every other mining operation) - hard to see the tailings operation, by itself producing real meaningful positive cashflow.
Maybe there will be better scale outcomes once the in-situ development is in production but you're looking at 2024 before that happens and in the meantime they have to raise capital to finance that development and I honestly can't see Argo/Macq Bank letting them increase borrowings or forego their security so I'm expecting that the $100mil will have to come from shareholders pockets - how deep are your pockets?