NCM newcrest mining limited
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Anyone have any thoughts on whether NCM will takeover LUG? I...

  1. CAB80
    351 Posts.
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    18/02/20
    08:11
    Post #: 42986937
    Anyone have any thoughts on whether NCM will takeover LUG? I suspect they might as the would want another low AISC project with Lihir and Telfer proving difficult/expensive. I also wonder whether to make this happen they raise capital which could explain the recent dislocation from most other goldies market moves.

    The problem is they will likely overpay again in this market.
    NCM Price at posting: $27.78 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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