true gearing of ncm, page-8

Hope it can help in your own assessment hanktanson, falling aud not necessarily a great thing for everyone

Hi Mickey
I write it just so you could call it rubbish, thanks maan, you are correct, as kong as the bankers can make sure they are being paid, the assessment was more for equity holders, what are they risking and getting

Ght, assessment of risk is all, can go up sure, just need many things to change in its favour

Gd, that is an assessment of ncm debt to equity and usd debt holding with aud falling, there might be other companies with no debt, growing production or other metrics that make a better investment proposition

The herd logic is that aud falli g is good for gold miners, but that not applicable to everyone,,,,,,,,,,,and its the same story sold to punters at 26, aud was going below parity!!!!buy the gold miners they said, and it worked for a while and here we are with aud 16 cents off its high and the share price , well it isn't 26!

It's not in the 7's cause its awesome