NCM 0.00% $23.35 newcrest mining limited

back to the 200 dma on daily, page-70

  1. 22,421 Posts.
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    Hi OpTrader,

    Perhaps you clearify a few items re NCM for me.

    The Qtr Presentation said that "Full Year Production/cost & capital guidance
    is maintained"

    Where is this forecast? I trawled through the 2012 annual repport but could not see it.

    Also the quarterly says that MOPU will be complete in Dec. Does this mean that Lihir will produce 500,000 oz AU from Jan to June 13?

    Also it says that Cadia East will be complete in Dec and that full production
    for Cadia Valley will lift to 800K ozs AU & 90K ton CU by 2016 .
    But it does not say how much extra Cadia East will produce from Jan
    to June 13 versus Jan-June 2012.

    If NCM wants to attract new retail investors it will have to decomplicate
    its reporting and provide summarised up to date fundamental data
    so that its production changes etc can be seen at a glance.

    Cheers
    Moorookamick
 
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