News: NCZ New Century Resources Seeks Trading Halt, page-22

OriginallypostedbyVector

ForthoseexcitedaboutNCZ’ssilver-dosomeresearchabouthowmuchtheyactuallygetpaidforit.I’llgiveyouahint,itsnotverymuch.

Withregardstotheacquisition-I’mguessingitisthisone:

https://www.qld.gov.au/environment/land/management/abandoned-mines/projects/mt-oxide

QuestioniswhatfurtherexposurebothrehabwiseandcostwiseNCZhaveasaresultofthis.Wouldhavethoughttheyhaveplentyontheirplatealready.

Base case Forecast EBITDA is ~AUD$450 million a year, based on: "Long term Base Case exchange rate and commodity pricing assumptions are based on Bloomberg consensus median forecasts from independent analysts for the year 2018. Long term AUD/USD FX 0.75, and long term commodity prices of US$2,755/t zinc, US$17.8/oz silver. " (https://www.newcenturyresources.com/century-mine-project/restart-feasibility-study/)

And this is just from the tailings dam.