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$1.10 new century resources limited

Ann: Quarterly Cashflow Report, page-17

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miningnut

10,744 Posts.

2250

01/02/20

14:47

Post #: 42692260
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Originally posted by Vector ↑

Your analysis has them hitting around the top end of their production guidance for Mar20 Q. If they are producing 32kmt zinc (mid range) or 29kmt (low end) what does that look like? Given they are bringing on and commissioning the rougher this Q and based on past experience the mid-low end of the zinc guidance may be more realistic?

I’d be expecting another spike in zinc TCs (for non Chinese smelters) with logistics chains for Chinese zinc smelters affected by the coronavirus but $315 for Mar Q for now is probably the best info for now.

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It slices another $4mil off the equation for mid-range.

Last edited by miningnut: 01/02/20

NCZ Price at posting: 22.0¢ Sentiment: Hold Disclosure: Held
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1 Great analysis

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