OTCPK:NNDIF - Post by User
Comment by
rjb1954on Oct 26, 2022 3:25pm
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Post# 35051013
RE:RE:Is a Turn-around Possible? My Thoughts
RE:RE:Is a Turn-around Possible? My Thoughts I am optimistic because I don't think GC will kill off its Golden Goose. In this case it is a goose which lays zinc eggs.
To make the project economic, GC just has to relax its hold on TCs a bit. If the new assets have an economic life of 10 years (correct me if this is wrong), then the operation needs to finance roughly $10MM per year. At a production rate of 250k tons per year, this works out to $40 per ton.
From what I have picked up on this board, and if you compare the TC differentials between CEZ and Trevali, $40 per ton is reasonable. From a global perspective, this increase in TC is currently economic.