NCZ 0.00% $1.10 new century resources limited

stockpiles, page-9

  1. 3,502 Posts.
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    Hi All,

    The good news none of this affects NCZ....Listened to
    the conference call again last night its fair to say they
    have enough to sort out already...but they have a good 
    team and some time will optimise each area so just need 
    to be patient.

    I am sure given any delay with rail issues most miners will
    road transport at least the copper concentrates...being more
    valuable it's more viable to offset additional costs....not sure 
    about margin on lead.

    Contractually depends on each mines forward commitments
    they may claim Force Majeure in this situation.

    Storage wouldn't be a problem just additional costs to double 
    handle product to another area. Generally everything is doable
    in the mining industry it's just at what cost.
     
    Looking for another green day for NCZ.
 
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