NCM
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0.00% $23.35 newcrest mining limited

The article mentions the rise is driven by speculation of...

  1. Timoshev
    453 Posts.
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    25/03/11
    11:16
    Post #: 8164335
    The article mentions the rise is driven by speculation of takeover.

    Also interesting estimate that "Even on the most conservative basis, Wafi could add in the order of $1.5 billion to $2 billion to the value of Harmony"

    NCM has the other 50% so that's $1,500 - $2,000million for "us" to. Am I right that with close to 484 million shares on issue that equates to $3 - $4 per share .. "on the most conservative estimate".

    Add in the other gold growth projects & tungsten and I'm feeling good long term.
    NCM Price at posting: $38.71 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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