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Ramp up capital to 15 Mtpa is as supposed to be financed from...

  1. FiendishRedbeard
    9,111 Posts.
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    30/04/19
    22:00
    Post #: 38339739

    Ramp up capital to 15 Mtpa is as supposed to be financed from cash flow. The bullish reports and presentations are not matching their assumptions and cash reports at this stage. The zinc price has remained around or above the base case assumption. Happy to be wrong but something does not look right.

    https://www.asx.com.au/asxpdf/20171128/pdf/43pn3pvq59yjz5.pdf



    NCZ Price at posting: 74.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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