cant really blame them as they need the money to construct the mine. The became a producer last year and zinc price start to recovers. I am looking forward rather backward. Let assume production is around 32kt for the remaining quarters, c1 cost $0.89 and zinc sell price is arond $1.25 to $1.30. Their revenue and profit will be in 10m mark plus as they dont have to pay hedging fee.
This quarter isnt looking good partly to 4m hedging fee. I compare all other production costs, they are pretty much similar. You have to consider $20m more havent been accounted for this quarter therefore june figures will be very high.
- Forums
- ASX - By Stock
- NCZ
- Ann: NCZ Quarterly Results Presentation
Ann: NCZ Quarterly Results Presentation, page-25
-
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity