NCZ 0.00% $1.10 new century resources limited

Ann: Annual Financial Statements, page-4

  1. 352 Posts.
    lightbulb Created with Sketch. 69
    Remember this:

    "New Century secures working capital facilities with Värde Partners for up to A$100 million"

    However, when Varde terminates the A$40m unsecured facility they go quiet and only notify investors in the small print on the financial statements - probably forced to by Deloitte. This is what this management/promotion team is all about... they will gush out the "good" news (which is mainly projections because nothing good has actually ever happened) and they always overestimate and over promise.

 
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.