NCM 0.00% $23.35 newcrest mining limited

they owe a lot more than 4.2Billion with AUD at 73 cents Take...

  1. 13,119 Posts.
    lightbulb Created with Sketch. 2767
    they owe a lot more than 4.2Billion with AUD at 73 cents

    Take projected profit and convert to USD, then take out interest, Capex required at Telfer and Lihir and for normal operations.

    Doesn't leave much money left for shareholders after bonuses.

    POG AUD 1475 and NCM trading above book value with a yield of 0%,,,,,,,

    Huge Accident waiting to happen imo

    Their own sensitivities say they mines have to take another wrote down

    Driving it so hard for the last month, smells like a cap raising coming to me.

    Good luck
 
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.