NCZ new century resources limited
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Debt free & trading below cash !

  1. astavrou1
    1,862 Posts.
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    16/12/22
    14:10
    Post #: 65342352
    I was a heavy critic on this company in the past and have lost money on it but I have to pinpoint the fact that NCZ is now trading below cash while operations cash-flow has stabilized at positive levels allowing for some exploration and development to a rich zinc area around the current (tailings) workings.

    Moreover the company has secured a copper project in Tasmania plus it brought Sibanye (the african PGE/Gold giant) in the shareholding structure.

    Having said that I added some ore shares at these levels (around 95c) to this debt free zinc miner, looking to hopefully one day break even.

    NCZ Price at posting: 94.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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