"When an industry is doing very well of course the employees should also get good pay."
There's more to it than that unfortunately, SP.
Gavin Thomas (KCN) mentioned several times in his broadcast yesterday that one of two main themes right now in the gold market is a growing tide of nationalism around the world. Therefore their need to diversify risk by operating gold mines in a few different jurisdictions.
NCM is disappointing because of the recent news coming from PNG and Indonesia, imo. Hopefully it all blows over and NCM plays catch up to the higher gold price.
