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News: NCZ New Century Resources Seeks Trading Halt, page-48

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    20/05/20
    16:01
    Post #: 44730751
    For those imagining some significant silver revenue from the tailings. Keep dreaming. Zinc smelters take a huge cut and then there is Varde.
    Miningnut regularly posts his analysis If people actually want to understand it- lets take Dec q with roughly similar prices and fix rate to today - Approx $74M zinc contribution vs $2M from silver.
    https://hotcopper.com.au/posts/44365015/single

    NCZ Price at posting: 25.0¢ Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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