NCM 0.00% $23.35 newcrest mining limited

I thought levitation was impossible.Now let me see. POG at...

  1. 196 Posts.
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    I thought levitation was impossible.

    Now let me see. POG at AUS$1400. Two million ounces at -$50 per ounce cash flow means cash negative $100M. How much cash do we have?

    Oil going up. AUD going up. A hint of a world recovery meaning interest rates will go up. How much debt do we have?

    What will it take to end the levitation act? AUD$1350, AUD$1300?

    I guess it will all depend on the recommendations of "experts".

    And yes I do have a right to comment when I don't hold. I have paid for that right. I'd just like it to go back down to where I temporarily sold out.
 
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