foreign investors to cut their stakes indones, page-3

SG I'll think some more on this over the next few days , but do you think for the miners we need to reduce production estimates by say 10 - 15% each year going forward to mitigate risk?

Although one could argue that the spot gold price will increase 10% each year going forward( conservatibe estimate ) due to likely reduced supply plus western CB inflationary maneuvers / Asian demand increasing etc etc.

I still would think that anyway you slice it NCM remains hugely undervalued at current levels but interested on how you read this for the medium to longer term...