NWC 3.03% 3.4¢ new world resources limited

New World Resources Initiated at Speculative Buy by Canaccord Genuity, page-13

  1. 1,558 Posts.
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    From memory, NSR is the value of the concentrates to the mine, not the operating margin.

    NSR includes metal recoveries to concentrate, concentrate transport costs, smelter payables, costs and penalties, royalties.

    Operating costs - mining, geology, processing, admin., sustaining capex etc. are not included in the NSR.

 
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