NCZ 0.00% $1.10 new century resources limited

Ann: Quarterly Activities and Cashflow Reports, page-4

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  1. 654 Posts.
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    No surprises here, and that's a good thing. Future s/p depends on only a few things:

    1) zinc price continuing to rise (other commodities are inflating also, rising tide floats all boats etc)
    2) treatment costs continuing to fall
    3) Goro deal going through (a big if, but a lot of work done already so imo odds are slightly in favour)
    4) future exploration around Century mine (none of which has happened since covid)

    I'm happy to hold here and see what happens by new Sept 8th Goro deadline.

    Note the New Caledonia independence election on 4th Oct is risk event to keep an eye on.
 
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