This quarterly will be juicy and hopefully have a very positive impact on the share price. However it's the additional upside in the next six months that gets me excited: - Increasing throughput and recovery (jameson cell); - TC benchmark being set hopefully in an environment where the spot price is sub $100; and - This all occurring with strong Zinc prices albeit offset by fx.
The impact on the above could double the Dec qrt opex FCF which as you've forecasted is almost a 5 fold increase on that of the Sep qrt.
Fun ride ahead if the company can finally start to deliver on its production forecasts!
NCZ Price at posting:
26.0¢ Sentiment: None Disclosure: Held