NCM 0.00% $23.35 newcrest mining limited

down down prices are down...!, page-18

  1. 13,142 Posts.
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    totally agree with that, Cadia and Lihir no problem even with very low POG AUD, but Telfer is already a big big problem being ignored......................dragging profitability badly, and not written down enough...........can definitely survive on paper on those two projects, problem of course is the enormous debt left behind that it will have to service and the restructuring costs,,, that will put the DIV on hold for a long time,,,,if that was the case SP wouldn't be 10, will definitely make for some good trading

    Still 150 AUD per oz off those alarm bells but no doubt they are ignoring Telfer, a massive chuck of the production profile
 
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