NCM 0.00% $23.35 newcrest mining limited

$11 in sight; shorts jumping like lemmings, page-17

  1. 506 Posts.
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    I think you are misleading here. It was like that a month back. Things have changed.

    1) gold price has steadied some what (sentiment)

    2) NCM has produced more gold at lower prices. AIA = $927 far below the spot.

    3) Capital raising ruled out.

    4) Debt levels seem comfortable with bankers ready to loan if reqd.

    5) Only -ve possible Class Action which should be easily taken care of.



 
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