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.
NCZ Price at posting:
$2.14 Sentiment: None Disclosure: Not Held