Are the massive reserves inversely correlated to the size of the dividends currently being paid, all those reserves and still group cash flow negative, what a joke
All those reserves and slashing costs, that sound healthy? Safe, astute?
Can the share go up, yes Can the share go down, yes
Do people actually understand what they are getting in return when they buy a share in the current circumstances, I don't think so...
Mega factory with huge reserves that can't generate good cash flow, returns for investors, that instead to raising capital and clearing the slate to build cash for owners, is still holding onto to its believe that gold will go up, and it might, but the debt holders are getting their divs in the form of interest every month,,,,,,,, what are you getting, wild capital fluctuations and no chance of a div in the current environment for years , and living in hope that gold will move higher overnight.....
Don't forget the biggest shareholder of all is from USA, totally unhedged, crushed by the long term master black rock and facing a falling aud, if the get called, by their investors, unless you have billion to trade, stand back, you will probably get em cheaper
NCM Price at posting:
$7.42 Sentiment: None Disclosure: Held
