Zinc prices are 50% but NCZ has never yet reached forecast figures- not on recovery nor production levels, nor on C1 costs (currently still way too high), nor on rewarding shareholders with any notion of dividends or SP appreciation - our reward thus far has been 2 CR's and a depreciating SP and millions paid for hedging, when zinc prices are expected to hold or possibly even have further upside due to demand indicators
CR so far is $220 million, but MC is only $200m
NCZ Price at posting:
17.0¢ Sentiment: Sell Disclosure: Held