NCZ 0.00% $1.10 new century resources limited

Project "Bomb Proof"

  1. 8,243 Posts.
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    Reminds me of when SBM got SGW whole mines for a few million $

    http://www.resourcesrisingstars.com...rejuvenation-gidgee-gold-exploration-campaign

    And it will be doing that after spending all of $50m restarting the $2 billion kit established by the previous owners. It kind of makes the project bomb-proof. Say zinc recovery came in at “only” 50%, the project would still generate an NPV of $1.77 a share on Slifirski’s figures.
 
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