NCM 0.00% $23.35 newcrest mining limited

Will take a hit today, and doubts about the level of reduction...

  1. 1,202 Posts.
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    Will take a hit today, and doubts about the level of reduction in gold production arising from the incident will see continued weakness in SP particularly if gold price softens.

    Worth watching and considering a top up under $20 but only when the dust settles and more info is provided.

    However, there is an obvious legacy going forward with the Cadia mine in regards to seismic effects and managements seemingly ineffective monitoring of tailings dam vulnerabilities
 
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