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no, you missed my point actually. I am saying the SPP not being...

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JMKC79

79 Posts.

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27/05/20

08:42

Post #: 44857144
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Originally posted by BobbyKennedy: ↑

The 10% move in zinc translates to a much higher % move in margins for NCZ. Yes it’s well off it’s highs and so is the NCZ SP. See the correlation between these compounding effects?

You completely missed the point regarding informed SH. Now that Goro DD has been announced, all retail and insto SH have the same information regarding a possible transaction. Had they not extended the offer, retail SH who didn’t take up the offer but would have had they known about Goro, would have been disadvantaged. Now the world knows about the deal, no everyone can make an informed decision based on the DD news and details from the conference call. I don’t know why that’s so hard to understand.

The deal is a long way from being finalised, so yes, fingers in the air. But the company has been forthcoming with information and when they are able to release more, they will. Pretty standard stuff.

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no, you missed my point actually. I am saying the SPP not being further extended is not ideal. the market is nowhere near fully informed, yet investors are being asked to commit capital on an uninformed basis. Why is that so hard to understand?

NCZ Price at posting: 23.0¢ Sentiment: Sell Disclosure: Held
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