NCM 0.00% $23.35 newcrest mining limited

finally some cracks in the rally, page-57

  1. 453 Posts.
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    Beerme - as may know (and for others info) page 35 at link below shows sensitivity of EBIT to variations in prices and exchange rate.

    http://www.asx.com.au/asxpdf/20090224/pdf/31g78s0z8rfk16.pdf

    To summarise:
    Gold price change of US$10/oz = profit change of A$17M
    Copper price change US$0.05/lb = profit change of A$9M
    Oil price change US$10/barrel = profit change of A$6M

    All affected by:
    FX rate US$0.01 = A$20M

    It would be more value if we knew what values they assumed to calculate their guidance for 2009 earnings. Anyone know?

    Also check out page 30 showing NCM to have highest cash margin of some major players.
 
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