NCM 0.00% $23.35 newcrest mining limited

doesn't fail to disappoint everyday , page-55

  1. 13,171 Posts.
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    GHT you didnt complain when i was bullish at 18! to low 40's

    Its not negative it reality..company specific imo

    As for consensus,,its a great opportunity for the brokers who have sat at 45 up to 48 for so long and got it so wrong to get some street cred back i reckon, they should come out and face reality to, they could be justified in saying something to the effect

    On paper and in light of the high and rising gold price, previous targets where justified, however now that the merger is bedded down, NCm mamgement have clearly failed to deliver on thier 5 year plan especially on costs and production targets and appears to have paid far to much for LGL, in that light target our target is lowered bigtime"
 
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