Hi burnett,,,,Not sure why people would BELIEVE any ncm...

Hi burnett,,,,
Not sure why people would BELIEVE any ncm forecasts.......why would this forecast be any different to the rest received from this management......what is for sure,,,no DIV

Dont be too sure about capital burnett,,,,,,,,thats the same company that said,,,,,,,,It would not need any capital once it bought lihir, would not need additional funding to develope cadia east as it would pay for it from cashflow,,,,,,,,,

the rest is history,
higher overdraft and quite a huge chunk in debt
which it said it would never need,,,
because the gold price would remain strong if not trend ever high,,,,,,,

and those statments are also in the bottom draw cause they said that at 1800 and again resently when gold was 1610,,,,

They have said forecasts to be nuetral by 2014 if the current metal prices and exchange rates stayed the same,,,,,,,,,,,and they are lower and the main cost of mining,,,,,oil and energy,,,,,are up and up.....

Anyway see how it goes,,,let see what the price of no clarity and no dividend buys and sells for tomorrow..