NCM 0.00% $23.35 newcrest mining limited

Ann: December Quarterly Report , page-9

  1. 13,145 Posts.
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    got close,,,

    revenue up on gold sales for QTR only 6.345M,

    nothing much happening on top line, despite all the excitement of the production headline number

    production margin expansion 394 to 421/oz from savage costs cutting, will have to see how that was achieved later too early for me here, good result but you cant and be sustainable in long term imo, obviously still in danger if Gold drops, even with production up, the other parts of the equation show barely a revenue increase form gold operations

    Lihir costs increase, some production at mines expected to be lower second half is a change when I thought thing were ramping higher to end of fin year....

    no doubt people may like it again simply on a headline costs number

 
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