NCZ 0.00% $1.10 new century resources limited

Quarterly predictions

  1. 10,542 Posts.
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    We should get the interim quarterly results by Fri 10th January, so here are my predictions for the information usually provided in these interim reports with Sept quarter actual results in brackets:
    Zinc metal production 30,500t(26,171t)
    Grade 50%(49%)
    Concentrate produced 61kt(53.5kt)
    Cash at bank $31mil($45mil)
    Concentrate/Debtors $8mil($8mil)

    Notes:
    1. I'm assuming they've received 90% payment for the final shipment that left on 26Dec. If that hasn't happened by 31Dec then Cash at bank will be $9mil less and Debtors $9mil more.
    2. I've used 50% Grade that might prove to be 1% conservative - depending on how the scavenger circuit upgrade performed.

    My final shipping schedule and cashflow/sales/EBTDAX schedule attached to detail the above figures.
    2019-20 New Century shipments.pdf NCZ cashflow.pdf
 
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