NEM 2.05% $64.68 newmont corporation

Ann: Update - Dividend/Distribution - NEM, page-9

  1. 679 Posts.
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    I stayed with the TO for the longer term ..only disappointment to date is changing the dividend policy. I'm in for a bucket load (35k units) so at risk for a low cash yield but confident with overall strategy to reduce debt and carry out buybacks. I'm not far off break even so feel relaxed with POG on an upward tear. IMO the price achievable for asset sales is much improved and this will assist the company successfully implementing its strategies. So staying with it and predicting good quarterly numbers in a few weeks which should confirm the current upward momentum ..once it breaks $40USD the numbers should support a positive trend . In summary I'm ok but understand your concern .
 
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