NCZ 0.00% $1.10 new century resources limited

Perhaps I did study English in a different schooling system....

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  1. 79 Posts.
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    Perhaps I did study English in a different schooling system. However hard to infer anything other than what I stated above.

    They have A$100m working cap facility which they won't be able to use for general expansion. They are forecasting $1m of cash outflows for the next quarter based on previous assumptions which are probably not based on current mkt prices. and they have a $51m cash balance.

    To assume that they could do this expansion without raising capital is not reasonable.

    Appears market agrees.
 
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