NCZ 0.00% $1.10 new century resources limited

Sweetsound,The harsh reality is that it is a very marginal...

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  1. 29 Posts.
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    Sweetsound,

    The harsh reality is that it is a very marginal business with high costs all round, hence the negative cash flow.

    The market is only responding to what it knows from the company reporting.

    I say $1.00 is along way off yet.

    In saying that they are doing their best, but Zinc producers are no cash cow's that is for certain.

    I may give it another Qtr, but equally may bail out also. Undecided....

 
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