NCM newcrest mining limited

true gearing of ncm, page-10

  1. 2,921 Posts.
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    Gdennis, it is very simple. If you have $5 billion cash would you buy entire NCM and take on massive multi billion of debt where the business cannot generate enough income to pay interest on debt. I wouldn't touch that. You should ask warren buffet if he will buy that business.
 
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