half yearly accounts eps crashed 50plus pc yoy, page-19

You are looking through the rear view mirror & not through the windscreen.
and your view has already been factored into the SP months ago.

The market looks forward and if NCM meets guidance (2.3 mil ozs for
current FY as stated by NCM in its ann.) then the second half will have to be
close to 700K ozs per Qtr.

Annualise this and you get 2.8 mil ozs P/A which is enough to send
EPS close to $2 at current POG.

Multiply this forward EPS by a nominal 16 P/E and you have $32
per share.

IMO, the only question is when Mr Market moves and it looks like
he has made a significant move today. The Mar qtr report should
open eyes and, IMO, the June Qtr results should take the SP over
$30.

Cheers
moorookamick