NCZ 0.00% $1.10 new century resources limited

Ann: CENTURY OPERATIONS AGAIN DELIVER RECORD METAL PRODUCTION, page-44

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  1. 13,602 Posts.
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    Yes they are basically working on areas they can improve on with some success and also increasing throughput which itself helps lower costs, the other half of the equation is the price of ZINC, the AU$ and the TC's which they unfortunately have absolutely no say on....in summary it's the ZINC price in AU$ that will be the biggest driver of NZC going forward IMO , if it stays low or gets lower we will struggle as production costs can only be cut so far but with our scale would thrive in a higher price environment ...who knows how ZINC in AU$ will perform going forward in the next few years, thats crystal ball country but it really is where the risk lies IMO...

    Cheers Whisky
 
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