NCZ 0.00% $1.10 new century resources limited

Ann: Quarterly Cashflow Report, page-9

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  1. 3,856 Posts.
    lightbulb Created with Sketch. 543
    Mmm I'm still not entirely convinced! Though I appreciate the reply.

    The difference between 40,588 and 37,500 in concentrate and is worth about $4.5m. At this scale there's no way that rounding errors on their behalf cost them $4.5m. There has to be an error somewhere in either out maths or the figures they've put out!

    I really just want to know so I can try work out an estimate for next quarter... The last 2 quarters look like this:
    With Q4/18 mining 1.5mt and getting 12t in zinc at 47% av. recoveries
    &
    With Q1/19 mining 1.4mt and getting 18.5t in zinc at 50% av. recoveries
    ... Either the math or my understanding of how this all works gets very important. It's almost unreal to think that with 3% increase in recoveries they're able to gain 50% more zinc.

    Really hoping someone out there can help me out on this one
 
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