NCZ 0.00% $1.10 new century resources limited

Ann: COMMENCEMENT OF OPERATIONS AT THE CENTURY ZINC MINE, page-12

  1. 3,854 Posts.
    lightbulb Created with Sketch. 542
    They're looking at somewhere around 150kt Zinc for the next 12 months during the ramp up from what I gathered from the Presentation
    At $1.25/lb and $0.45/lb cost
    I would say they could pull between $200-$300m profit before tax in the next 12 months

    I don't hold yet, I think I will soon however.
    Only thing that irks me is the ~20% dilution in unlisted securities
    MC is more like $720m

    Lots of potential here. Will be a real earner if it all comes together
 
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