I decided to buy a modest parcel today to become a shareholder again - they certainly put up a large wall at 17c today but decided to have a piece of it.
It's hard to know how they're trading this quarter but shipments seem to be Ok and there's still two weeks left so hopefully they'll be one more at the end of the month to clean out the Karumba warehouse.
Schedules attached for shipments so far this quarter as per my observations and sales/cashflow predictions for the quarter.
I'm allowing for Treatment charges at last year's rates and would expect the benefit from lower rates to be realised next quarter when final invoicing is done on this quarter's shipments - the new treatment charges probably won't be announced until the end of March as has happened the last two years.
NCZ Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
