As NCZ is still in the ramp-up phase they did not seperate costs...

As NCZ is still in the ramp-up phase they did not seperate costs into development and production. Therefore it´s impossible to say whether NCZ was cash positiv or not.

Another, maybe bigger concern arises regarding their following statement:

"Should New Century elect to expand operations via the insitu Mineral Resources, the Company will refurbish the existing carbon and lead flotation circuits within the plant, enabling production of separate zinc and lead concentrates as per historical operations. "

More costs? More production (free cashflow) delays?