NCZ 0.00% $1.10 new century resources limited

Mighty Zinc!, page-51

  1. 108 Posts.
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    Correct - Century did operate through a couple of cycles, and went broke when they were Pasminco in 2002. Zinifex/OZ minerals had to go cap in hand to the Chinese in 2009 - after making a billion a year in 2006-07 and spending the lot.

    MMG Century practically ran at a loss in 2012-13 before the final days of the operation.

    This is not a downramp, as I hold both NCZ and RVR, and know people who have worked at these sites or have been there myself.

    Just need to be aware this is a cyclical industry and both operations have had near death experiences
 
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