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$23.35 newcrest mining limited

Ann: Cadia Northern Tailings Dam, page-3

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Grajem12

1,203 Posts.

158

12/03/18

09:53

Post #: 31680064
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Originally posted by Grajem12 ↑

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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And thank god there were no injuries arising from the incident. This is the major concern. Keep in mind the Samarco disaster that BHP encountered!!

NCM Price at posting: $21.59 Sentiment: Hold Disclosure: Held
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0 Great analysis

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