I think the crucial question to ask from an investors/shareholders point of view is at what zinc price NCZ operations become profitable? I suspect we will know the answer in this quarterly report, probably 1$ per pound is sufficient if treatment costs stay at a reasonable sub 200$ per tonne level. The whole idea is that the NCZ operations are unconventionally low cost per tonne because simply there is no mining costs (the mining has already been done by the previous owners of the deposit), its just hydraulic extraction of the on-surface concentrated tailings. The processing and flow sheet that follows is as simple as it could get (this is not gold due to high grade of zinc deposits and not nickel difficulty level either) and that is why I am optimistic about recovery rates and costs. Time will tell though.
- Forums
- ASX - By Stock
- Look to the future
I think the crucial question to ask from an...
-
-
- There are more pages in this discussion • 64 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit