sck each to their own,,,,,certainly not my way of thinking...
If They put a number of mines on care,,,,,,,,,get ready for a big guidance and profit downgrade,,,,,,,,revenue will go lower, costs to payout people,,,,,,,,,,,list goes on... production guidance cannot be met, simple
If they have all these ounces,,why go on that magical expensive mystery tour of exploration with no guarantee in a price environment where prices are falling?,,,,,just adding to debt I suppose,,,less for equity...
time will tell, ridiculous move imo given the circumstances of group cashflow , debt postion, and the fact they are "slashing " to survive,,,,,,,bazaar to me actually...
NCM Price at posting:
$7.25 Sentiment: Sell Disclosure: Held
