Here's what I posted in the other thread -
Conference call was fantastic. NCZ really are straight shooters, telling it as it is, with no bullshit. If they have bottle necks they say so and address them, if plan A isn't working they move on to plan B again without fluff or bullshit.
Much respect for Patrick Walta and the team and particularly excited for them to be reaching 15,000t of concentrate per month by the end of March as forecast by Pat.
That would equate to a little over A$300m in annualized zinc sales per annum if my numbers are correct.
Key notes
1. Second pipeline to go in to act as a back up and to double flow from the tailings dam to the production facility.
2. Targeting 15,000t+ of concentrate per month by end of March.
3. Constant improvements to recovery rates up to as high as 49% last week.
4. 3rd water cannon to come into action shortly to boost production levels and hit targets.
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Ann: Quarterly Cashflow Report, page-5
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