NCM 0.00% $23.35 newcrest mining limited

greyhoundtrainer said "They are not growing the company and will...

  1. 2,646 Posts.
    greyhoundtrainer said "They are not growing the company and will suffer in the long run."

    i disagree.

    1) ncm has organically grown reserves at 3 times the rate of what is mined (from company pressos)

    2) look at their proposed tonnage ramp up for the next couple years

    3) look at their project pipeline

    4) they have set up dedidcated teams to assess m&a opportunities and expect opportunities to present themselves this year.

    nothing wrong with being conservative. i'd rather ncm mgt style than abc learnings'.....
 
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