CAPITAL MARKETS

New Century still very confident despite forced capital raise

WHILE New Century Resources MD Patrick Walta is disappointed the company is having to undertake a A$42 million capital raise, he maintains the company and its Century zinc operation being brought up to speed are very much on the right track.

 New Century MD Patrick Walta is very confident of the future outlook at Century, Qld

New Century MD Patrick Walta is very confident of the future outlook at Century, Qld

Lower revenue due to Century's slower than anticipated ramp-up plus treatment charges at 10-year highs now sees New Century issuing new shares priced at 33c each in the underwritten $42.5 million placement,...

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