NorZinc Ltd NORZF

September presentation should excite other miners

[phoenix_trader]

Preliminary Economic Assessment for Prairie Creek

ROBUST RESULTS BASED ON 2,400 TPD

All figures in USD throughout unless otherwise stated

NPV8% $299M IRR 17.7% at $1.20/lb zinc

NPV8% $479M IRR 22.8% at approx. spot $1.50/lb zinc

Low Cost LOM C1 $0.19 (by-product costs)

20.3 Yr Mine Life

NZC-Corporate-Presentation-September-2022.pdf (norzinc.com)

$123M Avg EBITDA

[JohnnyBurnette]

I'm sure the plan was for the mine to be sold to a major by now.  Norzinc couldn't even manage to staff a drill team last year. I don't think anyone is doubting the quality of the mine, but the 20 years of on again, off again permitting has left a stink on the project that's hard to ignore. But hey, I have my fingers crossed.  I'll start to get hopeful when I see

[stupidemails]

We all know know how good this mine is including RCF. They want to buy remaining shares off us @ 3 .25 cents, go private, and sell to a actually miner at a LOT higher price. Don't trust management or Board of director, they will still have there jobs oncve RCF takes over. Good luck to All Shareholders.

[minedriller]

That is painfully obvious. If they knew what they were getting into that was their intenion all along. Their break even is multiples of .0325. Hedge funds don't run mines and never have. If they don't bankroll the mine (and they won't) from inception they have an extremely low chance of gaining finance. Also vulture/hedge funds will wade through hell if they smell a profit. The totally

[JohnnyBurnette]

Just assume that we're all 100% awake.  Is there a recommendation buried in your post?

[minedriller]

You just answered your own question. Well done.

[JohnnyBurnette]

"Grasshopper, when you can snatch the pebble out of my a$$, it will be time for you to leave..."

[sammy1023]

LOL i guess I'll never watch Kung Fu the same way again...

[minedriller]

phoenix sent you a PM there.