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Gilb

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11/02/20

21:25

Post #: 42873039
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Originally posted by Vector: ↑

Sceptic may have his views but Ill have a crack:
- what happened to these recoveries? https://hotcopper.com.au/threads/ann-further-demonstration-of-consistent-zinc-recoveries.3762984/
There was no indication when the initial plan was put forward that additional changes would need to be made to the flowsheet following the restart to achieve the nameplate recoveries (let alone it taking more than a year)
- What were the prices and TCs used for the restart study again?
NCZ were claiming that you would be a top 10 producer when ramped up and assumed no impact on price or TCs?? Especially when other large mines like Dugald River, Gamsberg, Lady Loretta were coming online? To claim that experts couldn’t foresee this is ridiculous and management should have definitely seen this coming. It’s Econ 101- plenty of supply coming in at exactly the same time.
The bearish case was 189% IRR (at $1/lb Zn) - to stuff it up this bad means that there was a lot that went wrong aside from the price. What happened to 15Mtpa?

Plenty of small investors got sucked in with this BS with the backing of “research reports” by Credit Susie And Pattos.

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Obviously no dictionaries in your place. You know everything.
So how much longer are you going to be the caped crusader. Fighting companies who are having a decent crack at offering employment opportunities and in time returns for investors.

OH l forgot. You aren't even a holder.

NCZ Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
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Obviously no dictionaries in your place. You know everything. So...

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Essential Energy conference: Streamlining approvals key to the green energy transition

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