NCZ 0.00% $1.10 new century resources limited

$0.93 price target for NCZ, page-3

  1. 3,844 Posts.
    lightbulb Created with Sketch. 540
    "3 years on with all that work and here we are. Go figure"

    Yeah there was a lot of work but every time they made the plant more efficient and improved the recoveries the price of zinc fell and the treatment charges rose
    You can work very hard and can be as efficient as you want but if your plant is still burning millions every month then the share price is going to go down

    Zinc prices are now on the up and treatment charges on the down, so the share price should start to go up as these guys make a small profit
 
watchlist Created with Sketch. Add NCZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.