NCZ 0.00% $1.10 new century resources limited

$0.93 price target for NCZ, page-18

  1. 13,412 Posts.
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    No more than the sneaky run back to 15c and then back up to 20c, the price of ZINC will have a much larger influence on the medium
    term price of NCZ than GORO, production is ramping up, the price of ZINC is ramping up and production costs are ramping down, that will be of interest to those on the sidelines thinking about getting in
    . The MC is quite low relative to the size of the operation so there is a lot scope for upward movement if they hit their targets and ZINC stays strong....that of course carries no guarantees but at least is tracking in the right direction...

    The outcome of GORO is certain to have a short term kneejerk reaction but we are currently a ZINC producer.

    Cheers Whisky

 
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