NCZ 0.00% $1.10 new century resources limited

Ann: Trading Halt, page-3

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  1. 578 Posts.
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    It's flat country out there, with over 600mm of rain in a short period along with the water tables being full from the previous 3 years of La Nina rain, there would be massive damage to the mine site, the transfer pipe to Karumba is probably smashed up into many pieces along with massive silt deposits building up at the port for the next 2 months. All this in conjunction with less access to all those sites and the inflationary tape worm eating NCZ from the inside out, I'd say they will be lucky not to go into receivership, post this event from mother nature.


 
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