NCM newcrest mining limited

should be interesting looking forwardUkraine and all the dooms...

  1. 13,201 Posts.
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    should be interesting looking forward

    Ukraine and all the dooms stories aside.....last QTR production dropped when the price was high, opps missed an opportunity there

    last QTR 1450aud

    Assuming this QTR costs don't rise 6.5PC like they did last QTR despite all the layoffs

    Gold price is now down $80! AUD from the ave of last QTR and ncm is still fighting over $10 when the other goldies have gone south to reflect the change

    ncm was up 28c last week I think with headline gold down 1.2PC

    and this morning with gold at 1370 aud, gross margin on gold production is currently down 18.3PC from last QTR

    and its worth mid tens as the technical speed traders move around the 200dma?????

    yep,,sounds insane to me,

    trade safe
 
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