NCM 0.00% $23.35 newcrest mining limited

Explain it to me ?, page-15

  1. 35 Posts.
    Next weeks full yr financials will tell the story. I think Telfer and Cadia will do well as the AUD realised price in 1st half was $1,398 whereas they would have averaged over $1,500 in past 6 months. Lihir will be the loser with USD price down from $1,248. Other negative is Copper down but in AUD terms not that much as FX rate in 1st half was .89 and we are well down from that now. I am hoping to see a big improvement in costs with lower fuel a biggie.....Overall debt because of FX move will prob increase by 10% although they were smart to restructure the maturity profile as 400 Mill will not fall due until FY17 and then around 800 Mill in FY19 and the rest way out in future, so they have time on their side. Should be an interesting report. GL to those beat up bulls out there. I'm still a believer (just....)
 
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