NCM 0.00% $23.35 newcrest mining limited

I agree with a bounce coming but for different reasons. 1. The...

  1. 146 Posts.
    I agree with a bounce coming but for different reasons. 1. The Gold produced last quarter (around 540K) was a lot less than it is predicted as guidance for the rest of the year (around 700k per qtr). 2.Material moved was considerable last quarter and not reflective of the gold produced. 3. I believe that the company's guidance is correct, therefore the Cashflow for the next few quarters will be markedly improved.
    At least the current dip in price was good for the executives, whose quantity of bonus shares receivable was inversely proportional to the weighted share price.
 
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