NCZ 0.00% $1.10 new century resources limited

Fastmarkets MB, page-64

  1. 1,853 Posts.
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    what can you say, people don't like tailings. But when we talk about ~$5 billion dollars worth of recoverable zinc, assuming stable prices, assuming recovery rates are achieved as stated, then that money is real


    3% in situ zinc x 0.62 recovery rate = 1.86% x 77mt total resource = 1.43mt Zn x ~AUD$3,400 = $4.85b total revenue + silver credits = a speculation that has good upside. 


    Now we just have to define the word Right

 
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