The ol’ market can be a funny beast at the best of times, it has not liked this announcement, but personally I only see upside from this. As long as December production as minimum is achieved through March quarter, this announcement locks in ebitda for March being at least what December quarter will be. That’s my take, and that’s good in my books. Hopefully the market will like the December quarterly when its announced soon, I’m still predicting at least $30mil ebitda for the quarter, and based off this announcement, minimum $24mil. We will soon find out I suppose.....
NCZ Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held