NCZ 3.57% 13.5¢ new century resources limited

Quarterly predictions

  1. 7,675 Posts.
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    With the quarterly being released tomorrow, this is my last shot at the figures:
    Cash at bank $45mil
    Concentrate debtors $6.3mil
    Production 70kt Zn concentrate.

    I had them previously shipping 14kt to repay China Minmetals in full but now believe they only shipped 5kt to them, so the Cash at bank has improved by some $10mil but the liability still remains for 9kt to be shipped to them to satisfy a Forward Sale completed in Nov18.

    NCZ cashflow.pdf
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