NCZ 0.00% $1.10 new century resources limited

Good forecasting skills. The challenge/downside - if this is as...

  1. 224 Posts.
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    Good forecasting skills.

    The challenge/downside - if this is as good as it gets for NCZ [zinc price, FX rates etc] - then operationally, based on their disclosed numbers purely generated from operations [ignoring financing, and timing of shipments], cash actually decreased during the quarter, falling from A$34.5m to A$33.9m. Not exactly what NCZ was supposed to be - rather than being this cash generating machine, to date, all NCZ has done is suck in more and more equity.

    https://hotcopper.com.au/data/attachments/4029/4029500-aa878714954990e84749e4e96afd9a80.jpg

 
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