NCM newcrest mining limited

true gearing of ncm, page-13

  1. 13,201 Posts.
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    Remember the problems in 2007?

    Rising debt and companies having to mark to market

    Surely big price taker companies with weak cash flow and massive debts have to mark down their assets to reflect the actual market conditions when they are unhedged to the commodity price and unhedged to foriegn denominated debt ?
 
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