NCM 0.00% $23.35 newcrest mining limited

Copper aud still falling, even if your numbers are correct it's...

  1. 13,085 Posts.
    lightbulb Created with Sketch. 2732
    Copper aud still falling, even if your numbers are correct it's margin compression ,big falls since July 1 which is what we trade off in theory

    Think it has to do with usd debt and the fact that trading here represents a monster premium over asset values that everyone knows are too high given ncms own valuation , plus it's yield is zero

    Up high you asked about aisc, I've been thinking of the easiest way to explain

    If you look at the aisc then add all the write downs over the last few years that contained capitalized costs/ interest, the reality is the true cost is far far higher

    Good
    Luck
    Last edited by sydneyguy: 12/08/15
 
watchlist Created with Sketch. Add NCM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.