NCM newcrest mining limited

Ann: Quarterly Activities Report , page-3

  1. 524 Posts.
    Agree - but I think we all knew production for this qtr would be impacted by rains/Ivory Coast issue - so a little bit of ancient history. Still NP of $420m or thereabouts ok. They suggest Lihir/Cadia back on track production wise but Bonikro remains a problem.

    I will await the 11am CC with interest - going forward rising gold/copper/silver prices have to have a positive impact. Suspect production will rise later this year - happy to have NCM selling ounces at a gold price 15% to 25% higher than current levels.
 
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