They're looking at somewhere around 150kt Zinc for the next 12 months during the ramp up from what I gathered from the Presentation
At $1.25/lb and $0.45/lb cost
I would say they could pull between $200-$300m profit before tax in the next 12 months
I don't hold yet, I think I will soon however.
Only thing that irks me is the ~20% dilution in unlisted securities
MC is more like $720m
Lots of potential here. Will be a real earner if it all comes together
NCZ Price at posting:
$1.21 Sentiment: None Disclosure: Not Held