NCM newcrest mining limited
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the worst may be over, page-29

  1. aje
    89 Posts.
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    08/07/13
    10:22
    Post #: 11975804
    Yeap i totally agree, the statements they made were dependent upon the position of POG and also currency's factored in from operating countries to USD.

    Whilst some positive influence in falling AUD, the POG is the main issue and if it levels at 1100 then I don't see NCM making any money for the next few years even if it does rebound as the cost will continue to rise.

    I cant believe we have not seen and EXCO and board spill yet..
    NCM Price at posting: $10.11 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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