NCZ 0.00% $1.10 new century resources limited

Ann: IN SITU EXPANSION STUDY DELIVERS STRONG VALUE ADD POTENTIAL, page-7

  1. 585 Posts.
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    Hi I’ve never posted here but like where it’s going and might invest once current ops show stable profit.

    Re this study based on real fast flick through:

    1. Appears majority of real gains are from the Underground

    2. Underground is all Inferred

    3. Only 1 paragraph in entire release on UG design basically says it’s fine and dandy

    4. Note comment the narrow underground veins etc.

    Im not being contrarian but this appears to be a critical point or plan to be used to raise major expansion capital.

    Walk before Run. Make tails pay first.

    Zinc to my mind is the most volatile metal to the downside.

    ESP UG production in that part of world.

    Continual capital debt driven expansion over years can mask basic underlying losses?

    Happy and desire to discuss prior to invest.
 
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