NCZ 0.00% $1.10 new century resources limited

Ann: New Century Executes Major AUD Zinc Hedging Transaction, page-3

  1. 1,532 Posts.
    lightbulb Created with Sketch. 6
    Very little discussion on this announcement.
    Mac Bank betting Zinc price is on a rise over the next 3 years and New Century happy they can lock in sale at historical high. Looks to me like a win win situation
 
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