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each daily rise in zinc price would be doing good things to the...

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redsceptre

5,336 Posts.

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19/08/20

14:38

Post #: 46658611
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Originally posted by C0ldCopper: ↑

Zinc price up from last quarter levels where there was already a positive cash settlement adjustment flagged in the last result (so will continue to be higher as/when the Zn price continues to climb)

Production costs continue to fall as Treatment Costs fall materially from last quarter (from $300 down to below $200)

Production volumes up materially

All in, every metric moving in the right direction... Higher prices combined with higher volumes and lower costs...

I've been salivating and buying each time this trades below $0.20

This is a chicken dinner...

At least $0.40 by EOY is my prediction

I'm already excited for the next quarterly as pre-tax cash flow will be significant (and I love cash)

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each daily rise in zinc price would be doing good things to the QP's for the quarter that's for sure

NCZ Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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