We are still operating in a highly favourable macro environment for this stock. Zinc price, treatment costs, cashflow generation should be favourable.
At the last call the ceo mentioned Aug fcf around $12m and that he would provide an update on the Jameson Cell in a week which is now overdue So hoping tomorrow is the day.
I’m content with if they achieve recovery over 50% and their ability to self fund the expansions.
NCZ Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held