I listened to this and then listened again. 2 hrs of my life.
I remain extremely impressed by Walta and by what he said.
Very good potential.
Yes frustrated by zinc price and TCs but really close to break even with lots of cost revenue upsides
As always with the secondary base metals (those not copper) Zinc classically sinks marginal companies.
It’s definitely worth a listen.
From there, because NCZ is entirely at the mercy of the Zinc price and the TC costs (the rest is stable unless they go mine high grade) It’s fortunes remain 50/50.
But then this is Junior ASX mining territory, that’s short and medium term trading country and exists as high risk high reward.
Thats why it is invested in and traded in.
No different to black jack.
Invest wisely, don’t bet the house and enjoy the ride
NCZ Price at posting:
22.5¢ Sentiment: None Disclosure: Not Held
