Your information on a big ramp up of forcasts is incorrect
JUST TO BE CLEAR, your reading of the report from NCM last week
2013................2.3 mil - 2.5 mil ozs Au 2014............... 3.1 mil - 3.5 mil ozs Au. ( with coresponding lift in CU prod. )
FORECAST is 3.1-3.5M OZ in 2017! NOT 2014
One of the reasons imo that she fell so hard is that we were already supposed to be doing 3plus Million OZ and they are now forecasting that production in FY17, that imo clearly showed me that the previous 5 year plan wasnt worth the paper it was written on, copy of the forecast from the report you referred to is below for your information....2017 is ALOOOOOONG way from 2014
NCM Price at posting:
$25.75 Sentiment: None Disclosure: Held
