NCZ 0.00% $1.10 new century resources limited

NCZ has thus far been known as a zinc concentrate producer from...

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    NCZ has thus far been known as a zinc concentrate producer from tailings and I guess as such not a true miner in that the material has already been mined previously and left as a carcass with some hefty meat left on. The focus has been mainly zinc retrieval from the carcass and thus the company's fortunes are currently tied to the zinc price and its associated TC's.

    Silver whilst there's a fair chunk of it, takes a back seat and has not been focused on too much as a revenue driver. And then of course there are the silver 'giveaways' which also takes a bit of shine off it.

    Whilst it would be nice to have a 50% or more increase in silver prices, it would be preferable to have a 50% or more increase in zinc pricing and a 50% or more reduction in TC'c. Then NCZ will grow wings wider than a qantas jet. AIMHO.
 
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Currently unlisted public company.

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