New $40M Debt facility may see the action heat up

Potential Buy Entry Alert NCZ

 

Time Frame : Daily/Weekly

Sector/Industry Group : Materials/Industrials

Key Stats : $614.85 Million Market Cap, VWAP 1.25, ASX Ranking 319, 4 Week Av Turnover $1,223,039.

Company Overview : New Century Resources Limited (NCZ, formerly Attila Resources Limited) is a mineral exploration company based in Subiaco, Western Australia. NCZ focuses on the Kodiak Coking Coal Project in Alabama, USA.

Broker Consensus : Buy

 

NCZ – New Century Resources Limited

NCZ has been building slowly as buyers continually step in to the action. With a nod of approval from NAB with a new debt facility we expect to see the action heat up. Watching now for a higher low to build the entry setup.

 

Stock Code : NCZ – New Century Resources Limited

Company Website : www.newcenturyresources.com

Current Price : 1.255

Status : On watch for a buy entry setup