NCM 0.00% $23.35 newcrest mining limited

the gold stock undercurrent, page-24

  1. 453 Posts.
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    Very approximate I know but if you take last quarter production of 700,000 and multiply by price increase of A$150 since then (assuming it's sustained) then you end up with $105 million increase in profit for the quarter.

    Keep the fantasy going and you could dream of annual profit up by 80%.

    Be a bit more sober and you still have to think there will be a decent jump in profit for 2011/12.
 
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