Patience needed.
Dissapointed longs waiting for the share price to get back over $40 will bail plus opportunistic shorting will act as a short term handbrake. Rest assured analysts will be significantly upgrading/re rating NCM on the back of Wafi/Golpu alone let alone Cadia East/Lihir Mopu etc.
Again anyone with a medium to longer term time frame should be looking to accumulate at these levels and on each and every dip....
